NYSE:DRQ - New York Stock Exchange, Inc. - US2620371045 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to DRQ. DRQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, DRQ does present a nice setup opportunity. Prices have been consolidating lately.
15.26
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for DRQ is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRQ is neutral. |
ChartMill Relative Strength | 11.03 | NEGATIVE | DRQ has a low relative strength, it was outperformed by 88.97% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of DRQ is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRQ is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRQ is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 43.74 | NEUTRAL | The RSI value for DRQ is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DRQ has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 53.48 | NEUTRAL | The Stochastics value for DRQ is a neutral value. |
Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for DRQ suggests some volalility. |
Average Directional Index/ADX (14) | 14.49 | NEGATIVE | The low ADX value for DRQ suggests a weak or negative trend. |
15.41
-0.56 (-3.51%)