DORMAN PRODUCTS INC (DORM) Stock Technical Analysis
USA - NASDAQ:DORM - US2582781009 - Common Stock
We assign a technical rating of 0 out of 10 to DORM. DORM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of DORM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
110.07
We found 1 important support area.
- Support @111.18 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 126.99 to 128.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @138.14 from a horizontal line in the daily time frame.
- A resistance zone ranging from 153.39 to 157.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DORM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DORM is down. |
| ChartMill Relative Strength | 22.21 | NEGATIVE | DORM has a low relative strength, it was outperformed by 77.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DORM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DORM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DORM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.89 | NEUTRAL | The RSI value for DORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests DORM has a negative trend. |
| Stochastics (14,3) | 30.85 | NEUTRAL | The Stochastics value for DORM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for DORM suggests high volalility. |
| Average Directional Index/ADX (14) | 21.11 | NEUTRAL | The ADX value for DORM suggests a possible start of a new trend. |
126.06
-2.63 (-2.04%)
DORMAN PRODUCTS INC / DORM FAQ
What is the ChartMill technical rating of DORMAN PRODUCTS INC (DORM) stock?
ChartMill assigns a technical rating of 0 / 10 to DORM.
What is the current trend direction of DORMAN PRODUCTS INC (DORM) stock?
The current trend direction for DORMAN PRODUCTS INC (DORM) is Bearish.
What is the RSI signal for DORM stock?
DORMAN PRODUCTS INC (DORM) has an RSI value of 33.8885. This indicates that the stock is currently neutral.
What is the short term momentum for DORMAN PRODUCTS INC (DORM) stock?
The short term momentum for DORMAN PRODUCTS INC (DORM) is negative.
What is the buy/sell signal for DORM stock?
The buy/sell signal for DORMAN PRODUCTS INC (DORM) is sell as both the short term and long term trends are negative.