DRIL-QUIP INC (DRQ)

US2620371045 - Common Stock

18.19  +0.3 (+1.68%)

After market: 18.19 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to DRQ. DRQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DRQ is a bad performer in the overall market: 84% of all stocks are doing better.
DRQ is one of the lesser performing stocks in the Energy Equipment & Services industry. 87% of 65 stocks in the same industry do better.
DRQ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month DRQ has a been trading in the 16.64 - 19.41 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Weekly and Daily overview Charts
DRQ Weekly chart
DRQ Daily chart
Setup Rating and Analysis

8

DRQ has a bad technical rating, but it does show 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 19.34. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

18.01

24.25

4 important resistance areas can be observed.

  • A resistance zone ranging from 19.34 to 19.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @19.91 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 21.98 to 22.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @24.01 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.04
Mansfield-3.19
10 Day High18.89
10 Day Low17.2
20 Day High19.41
20 Day Low16.64
52 Week High30.93
52 Week Low16.64
Performance
1 Week0.55%
2 Weeks4%
1 Month-2.57%
3 Month-26.12%
6 Month-21.96%
12 Month-18.54%
2 Year-29.5%
3 Year-46.23%
5 Year-62.1%
10 Year-83.35%
15 Year-52.26%
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)0.09
RSI(14)48.28
LBB16.91
UBB18.66
DRQ Daily chart

DRIL-QUIP INC

NYSE:DRQ (6/21/2024, 7:04:00 PM)

After market: 18.19 0 (0%)

18.19

+0.3 (+1.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.68%
1 Week0.55%
2 Weeks4%
1 Month-2.57%
3 Month-26.12%
6 Month-21.96%
12 Month-18.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.71
ATR(20)%3.65%
ATR Inc
Range Today0.59
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 High18.89
10 Day Low17.2
20 Day High19.41
20 Day Low16.64
52 Week High30.93
52 Week Low16.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume680.20K
Volume Incr23.8%
Vol(5)317.52K
Vol(50)276.86K