DORMAN PRODUCTS INC (DORM) Technical Analysis
NASDAQ:DORM • US2582781009
Current stock price
DORM Technical Rating and Analysis
Taking everything into account, DORM scores 1 out of 10 in our technical rating. DORM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, DORM is a bad performer in the overall market: 79% of all stocks are doing better.
- DORM is one of the lesser performing stocks in the Automobile Components industry. 70% of 41 stocks in the same industry do better.
- DORM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DORM is lagging the market.
- In the last month DORM has a been trading in the 98.44 - 110.13 range, which is quite wide. It is currently trading near the high of this range.
DORM Weekly and Daily overview Charts
DORM Setup Rating and Analysis
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
DORM Support and Resistance Analysis
99.50
When analyzing the support we notice one important area.
- A support zone ranging from 100.50 to 100.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @117.74 from a trend line in the weekly time frame.
- Resistance @120.22 from a trend line in the daily time frame.
- Resistance @130.16 from a trend line in the daily time frame.
- Resistance @135.48 from a horizontal line in the daily time frame.
DORM Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for DORM is neutral. |
| ChartMill Relative Strength | 21.6 | NEGATIVE | DORM has a low relative strength, it was outperformed by 78.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DORM is above the rising 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) | 54.9 | NEUTRAL | The RSI value for DORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.18 | POSITIVE | The MACD value suggests DORM has a positive trend. |
| Stochastics (14,3) | 63.45 | NEUTRAL | The Stochastics value for DORM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for DORM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.24 | POSITIVE | The high ADX value value for DORM suggests a strong trend. |
DORM Chart- and CandleStick Pattern Analysis
DORM Technicals: Chart, Performance Metrics, Trend & Indicators
109.92
+3.72 (+3.5%)
DORMAN PRODUCTS INC / DORM TA FAQ
What is the ChartMill technical rating of DORMAN PRODUCTS INC (DORM) stock?
ChartMill assigns a technical rating of 1 / 10 to DORM.
Can you provide the trend direction for DORMAN PRODUCTS INC?
The current trend direction for DORMAN PRODUCTS INC (DORM) is Bearish.
What is the RSI signal for DORMAN PRODUCTS INC (DORM) stock?
DORMAN PRODUCTS INC (DORM) has an RSI value of 54.8998. This indicates that the stock is currently neutral.
What is the MACD signal for DORMAN PRODUCTS INC (DORM) stock?
The MACD indicator for DORMAN PRODUCTS INC (DORM) has a value of 1.1822, indicating a bullish trend.
Can you provide the short term momentum for DORMAN PRODUCTS INC?
The short term momentum for DORMAN PRODUCTS INC (DORM) is neutral.