DORMAN PRODUCTS INC (DORM) Technical Analysis
NASDAQ:DORM • US2582781009
Current stock price
DORM Technical Rating and Analysis
Taking everything into account, DORM scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DORM is a bad performer in the overall market: 84% of all stocks are doing better.
- DORM is part of the Automobile Components industry. There are 41 other stocks in this industry, of which 70% are performing better than DORM.
- DORM is currently making a new 52 week low. This is a very bad signal. The S&P500 Index 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 99.01 - 130.60 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
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
99.90
We found 1 important support area.
- A support zone ranging from 100.91 to 100.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 121.51 to 122.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @125.24 from a trend line in the daily time frame.
- Resistance @128.24 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for DORM is down. |
| ChartMill Relative Strength | 16.68 | NEGATIVE | DORM has a low relative strength, it was outperformed by 83.32% 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) | 21.74 | OVERSOLD | The low RSI value suggests DORM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests DORM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.42 | OVERSOLD | The low Stochastics value suggests DORM may be oversold. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for DORM suggests some volalility. |
| Average Directional Index/ADX (14) | 37.55 | 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
100.92
-0.38 (-0.38%)
DORMAN PRODUCTS INC / DORM TA FAQ
What is the ChartMill technical rating of DORMAN PRODUCTS INC (DORM) stock?
ChartMill assigns a technical rating of 0 / 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 DORM stock?
DORMAN PRODUCTS INC (DORM) has an RSI value of 21.7351. This indicates that the stock is currently oversold.
What is the short term momentum for DORM stock?
The short term momentum for DORMAN PRODUCTS INC (DORM) is negative.
What is the buy/sell signal for DORMAN PRODUCTS INC (DORM) stock?
The buy/sell signal for DORMAN PRODUCTS INC (DORM) is sell as both the short term and long term trends are negative.