DOUGLAS ELLIMAN INC (DOUG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DOUG - US25961D1054 - Common Stock
Taking everything into account, DOUG scores 8 out of 10 in our technical rating. DOUG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long and short term trends are both positive. This is looking good!
- DOUG is part of the Real Estate Management & Development industry. There are 62 other stocks in this industry. DOUG outperforms 88% of them.
- When comparing the yearly performance of all stocks, we notice that DOUG is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- DOUG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DOUG is lagging the market.
- In the last month DOUG has a been trading in the 2.23 - 3.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although DOUG has an excellent technical rating, it does not present a decent entry opportunity 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
1.53
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.53 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.34 from a trend line in the weekly time frame.
- A support zone ranging from 2.25 to 2.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.02 from a trend line in the weekly time frame.
- Support @1.55 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @2.78 from a trend line in the daily time frame.
- A resistance zone ranging from 2.84 to 2.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.04 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for DOUG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOUG is up. |
| ChartMill Relative Strength | 86.06 | POSITIVE | DOUG has a high relative strength, it outperformed 86.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOUG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOUG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOUG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.32 | NEUTRAL | The RSI value for DOUG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DOUG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.81 | NEUTRAL | The Stochastics value for DOUG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for DOUG suggests high volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for DOUG suggests a possible start of a new trend. |
2.6
-0.21 (-7.47%)
DOUGLAS ELLIMAN INC / DOUG FAQ
Can you provide the ChartMill technical rating for DOUGLAS ELLIMAN INC?
ChartMill assigns a technical rating of 8 / 10 to DOUG.
What is the trend direction for DOUG stock?
The current trend direction for DOUGLAS ELLIMAN INC (DOUG) is Bullish.
What is the RSI signal for DOUG stock?
DOUGLAS ELLIMAN INC (DOUG) has an RSI value of 53.3201. This indicates that the stock is currently neutral.
What is the MACD signal for DOUGLAS ELLIMAN INC (DOUG) stock?
The MACD indicator for DOUGLAS ELLIMAN INC (DOUG) has a value of 0.0394185, indicating a bearish trend.
What is the buy/sell signal for DOUGLAS ELLIMAN INC (DOUG) stock?
The buy/sell signal for DOUGLAS ELLIMAN INC (DOUG) is buy as both the short term and long term trends are positive.