DIAMONDROCK HOSPITALITY CO (DRH) Stock Technical Analysis
NYSE:DRH - US2527843013 - REIT
8.56 USD
-0.02 (-0.23%)
8.56 USD
0 (0%)
Overall DRH gets a technical rating of 7 out of 10. In the last year, DRH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DRH is one of the better performing stocks in the Diversified REITs industry, it outperforms 71% of 129 stocks in the same industry.
In the last month DRH has a been trading in the 7.45 - 8.63 range, which is quite wide. It is currently trading near the high of this range.
DRH has an average volume of 2881100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, DRH turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
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.
Although DRH has an excellent technical rating, it does not offer a high 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
7.35
9.85
When analyzing the support we can see 4 important areas.
- A support zone ranging from 7.87 to 8.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.73 from a trend line in the weekly time frame.
- A support zone ranging from 7.56 to 7.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.65 to 9.75. 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 | NEUTRAL | NEUTRAL | The long term trend for DRH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRH is up. |
| ChartMill Relative Strength | 49.8 | NEUTRAL | DRH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DRH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.15 | NEUTRAL | The RSI value for DRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DRH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.71 | OVERBOUGHT | The high Stochastics value suggests DRH may be overbought. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for DRH suggests some volalility. |
| Average Directional Index/ADX (14) | 29.76 | POSITIVE | The high ADX value value for DRH suggests a strong 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)
8.56
-0.02 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.23%
1 Week1.18%
2 Weeks8.35%
1 Month13.08%
3 Month12.04%
6 Month4.01%
12 Month-2.62%
2 Year6.2%
3 Year-1.95%
5 Year61.51%
10 Year-27.21%
15 Year-2.28%
Volatility
ATR(14)0.19
ATR(20)%2.31%
ATR Inc-34.09%
Range Today0.16
ADR(20)0.19
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.8
Mansfield-0.6
10 Day High8.63
10 Day Low7.9
20 Day High8.63
20 Day Low7.45
52 Week High10
52 Week Low6.19
CS1 End8.04
CR1 Start9.65
Volume & EV
DER(3)2.72%
DER(5)5.03%
Volume1.78M
Volume Incr-18.65%
Vol(5)2.26M
Vol(50)2.88M