DOUGLAS ELLIMAN INC (DOUG) Stock Technical Analysis
NYSE:DOUG - New York Stock Exchange, Inc. - US25961D1054 - Common Stock - Currency: USD
Overall DOUG gets a technical rating of 8 out of 10. In the last year, DOUG was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, DOUG did better than 94% of all other stocks.
DOUG is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 96% of 64 stocks in the same industry.
DOUG has an average volume of 1117190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 2.27 - 2.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DOUG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DOUG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.52
2.98
When analyzing the support we can see 6 important areas.
- A support zone ranging from 2.45 to 2.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.35 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @2.30 from a horizontal line in the daily time frame.
- Support @1.70 from a trend line in the weekly time frame.
- Support @1.59 from a trend line in the daily time frame.
- A support zone ranging from 1.54 to 1.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @2.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.91 to 2.95. This zone is formed by a combination of multiple trend lines in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for DOUG is neutral. |
| ChartMill Relative Strength | 94.66 | POSITIVE | DOUG has a high relative strength, it outperformed 94.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DOUG is above a declining 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) | 57.44 | NEUTRAL | The RSI value for DOUG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DOUG has a positive trend. |
| Stochastics (14,3) | 79.2 | NEUTRAL | The Stochastics value for DOUG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for DOUG suggests some volalility. |
| Average Directional Index/ADX (14) | 16.09 | NEGATIVE | The low ADX value for DOUG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.58 | 2.44 | 0.14 (5.43%) | 18.43% |
| An entry @2.58. This is a Buy Stop order right above the resistance zone. | An exit @2.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 5.43%. | When investing 18.43% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DOUG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.56
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg0%
1 Week3.23%
2 Weeks8.47%
1 Month-4.12%
3 Month57.06%
6 Month43.02%
12 Month92.48%
2 Year15.84%
3 Year-55.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.49%
ATR Inc22.59%
Range Today0.13
ADR(20)0.11
ADR(20)%4.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.66
Mansfield1.96
10 Day High2.61
10 Day Low2.33
20 Day High2.67
20 Day Low2.27
52 Week High3.2
52 Week Low1.28
CS1 End2.49
CR1 Start2.57
Volume & EV
DER(3)3.46%
DER(5)1.23%
Volume564.30K
Volume Incr-52.16%
Vol(5)494.36K
Vol(50)1.12M