DIAMONDROCK HOSPITALITY CO (DRH)
US2527843013 - REIT
Overall DRH gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DRH is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month DRH has a been trading in the 7.98 - 8.67 range, which is quite wide. It is currently trading near the high of this range.
DRH has an average volume of 1892200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DRH outperforms 47% of them, which is more or less in line with the market.
DRH is part of the Diversified REITs industry. There are 131 other stocks in this industry, DRH did better than 64% of them.
DRH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRH is lagging the market.
DRH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DRH 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
7.27
9.98
3 important support areas can be observed.
- A support zone ranging from 8.13 to 8.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.50 to 7.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.34 to 7.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.61 to 8.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.00 from a trend line in the weekly time frame.
- Resistance @9.88 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.26
Mansfield-0.43
10 Day High8.67
10 Day Low8.23
20 Day High8.67
20 Day Low7.98
52 Week High10.02
52 Week Low7.14
Performance
1 Week1.42%
2 Weeks2.99%
1 Month6.57%
3 Month5.91%
6 Month3.61%
12 Month-5.39%
2 Year-10.51%
3 Year4.24%
5 Year-5.29%
10 Year-25.54%
15 Year69.63%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)59.76
LBB8.14
UBB8.65
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 |
|---|---|---|---|
| 8.67 | 8.22 | 0.45 (5.19%) | 19.27% |
| An entry @8.67. This is a Buy Stop order right above the resistance zone. | An exit @8.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 5.19%. | When investing 19.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
DIAMONDROCK HOSPITALITY CO
NYSE:DRH (12/8/2023, 7:04:00 PM)
After market: 8.6 0 (0%)8.6
+0.05 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.58%
1 Week1.42%
2 Weeks2.99%
1 Month6.57%
3 Month5.91%
6 Month3.61%
12 Month-5.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%2.51%
ATR Inc
Range Today0.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.67
10 Day Low8.23
20 Day High8.67
20 Day Low7.98
52 Week High10.02
52 Week Low7.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.48M
Volume Incr25.99%
Vol(5)1.98M
Vol(50)1.89M