DIAMOND RESORTS INTL INC (DRII) Technical Analysis
NYSE:DRII • US25272T1043
Current stock price
DRII Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to DRII. Both in the recent history as in the last year, DRII has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- DRII is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DRII is leading the market.
- DRII has an average volume of 2748980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, DRII did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month DRII has a been trading in a tight range between 29.40 and 30.25.
- Considerably lower volume is observed in the last couple of days.
DRII Weekly and Daily overview Charts
DRII Setup Rating and Analysis
DRII has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 30.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.18, a Stop Loss order could be placed below this zone.
More info and screens
DRII Support and Resistance Analysis
22.03
We found 3 important support areas.
- A support zone ranging from 29.22 to 30.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.75 from a trend line in the daily time frame.
- Support @22.25 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.23 to 30.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.23 from a trend line in the weekly time frame.
DRII Technical Indicator Signal Analysis
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 DRII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRII is up. |
| ChartMill Relative Strength | 85.83 | POSITIVE | DRII has a high relative strength, it outperformed 85.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRII is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.78 | NEUTRAL | The RSI value for DRII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DRII has a negative trend. |
| Stochastics (14,3) | 95.91 | OVERBOUGHT | The high Stochastics value suggests DRII may be overbought. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for DRII suggests low volalility. |
DRII Chart- and CandleStick Pattern Analysis
DRII Example Setup
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 |
|---|---|---|---|
| 30.24 | 30.01 | 0.23 (0.76%) | 25.00% |
| An entry @30.24. This is a Buy Stop order right above the resistance zone. | An exit @30.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.23 points, which is 0.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.19%. |
- 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.
DRII Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:DRII (9/2/2016, 4:15:10 PM)
30.22
0 (0%)
DIAMOND RESORTS INTL INC / DRII TA FAQ
Can you provide the ChartMill technical rating for DIAMOND RESORTS INTL INC?
ChartMill assigns a technical rating of 8 / 10 to DRII.
What is the current trend direction of DIAMOND RESORTS INTL INC (DRII) stock?
The current trend direction for DIAMOND RESORTS INTL INC (DRII) is Bullish.
What is the RSI signal for DRII stock?
DIAMOND RESORTS INTL INC (DRII) has an RSI value of 66.776. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DIAMOND RESORTS INTL INC?
The MACD indicator for DIAMOND RESORTS INTL INC (DRII) has a value of -0.0435624, indicating a bearish trend.
What is the short term momentum for DRII stock?
The short term momentum for DIAMOND RESORTS INTL INC (DRII) is positive.