DECISIONPOINT SYSTEMS INC/CA (DPSI) Stock Technical Analysis
NYSEARCA:DPSI - NYSE Arca - US24345A5074 - Common Stock - Currency: USD
Taking everything into account, DPSI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DPSI is showing a nice and steady performance.
Besides having an excellent technical rating, DPSI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.20, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
8.54
3 important support areas can be observed.
- A support zone ranging from 9.89 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.23 to 9.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.63 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.23 to 10.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DPSI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DPSI is up. |
| ChartMill Relative Strength | 94.51 | POSITIVE | DPSI has a high relative strength, it outperformed 94.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DPSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DPSI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DPSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.29 | NEUTRAL | The RSI value for DPSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DPSI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.65 | OVERBOUGHT | The high Stochastics value suggests DPSI may be overbought. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for DPSI suggests low volalility. |
| Average Directional Index/ADX (14) | 32.29 | POSITIVE | The high ADX value value for DPSI suggests a strong trend. |
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 |
|---|---|---|---|
| 10.24 | 10.17 | 0.07 (0.68%) | 25.00% |
| An entry @10.24. This is a Buy Stop order right above the resistance zone. | An exit @10.17. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.68%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
- 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.
NYSEARCA:DPSI (7/3/2024, 8:02:22 PM)
10.225
+0.03 (+0.25%)