NASDAQ:DORM - Nasdaq - US2582781009 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to DORM. DORM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, DORM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 122.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 121.83, a Stop Loss order could be placed below this zone.
110.07
We found 2 important support areas.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for DORM is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DORM is neutral. |
ChartMill Relative Strength | 69.91 | NEUTRAL | DORM is not amongst the best or worst performers 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) | UP | MIXED | The current price of DORM is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 46.17 | NEUTRAL | The RSI value for DORM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DORM has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 27.76 | NEUTRAL | The Stochastics value for DORM is a neutral value. |
Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for DORM suggests some volalility. |
Average Directional Index/ADX (14) | 10.92 | NEGATIVE | The low ADX value for DORM suggests a weak or negative trend. |
122.05
+0.49 (+0.4%)