LEONARDO DRS INC (DRS) Technical Analysis
NASDAQ:DRS • US52661A1088
Current stock price
40.63 USD
+1.16 (+2.94%)
At close:
40.63 USD
0 (0%)
After Hours:
DRS Technical Rating and Analysis
Taking everything into account, DRS scores 1 out of 10 in our technical rating. DRS'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.
- When comparing the yearly performance of all stocks, DRS is a bad performer in the overall market: 72% of all stocks are doing better.
- In the last month DRS has a been trading in the 39.28 - 48.41 range, which is quite wide. It is currently trading near the lows of this range.
- DRS has an average volume of 1197950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- DRS is an average performer in the Aerospace & Defense industry, it outperforms 41% of 80 stocks in the same industry.
- DRS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRS is lagging the market.
DRS Weekly and Daily overview Charts
DRS Setup Rating and Analysis
DRS has a poor technical rating and the quality of the setup is also only medium 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
DRS Support and Resistance Analysis
35.00
48.92
2 important support areas can be observed.
- A support zone ranging from 39.46 to 39.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.35 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @46.59 from a horizontal line in the weekly time frame.
- Resistance @47.41 from a horizontal line in the daily time frame.
- Resistance @48.44 from a horizontal line in the daily time frame.
DRS 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 | NEUTRAL | NEUTRAL | The long term trend for DRS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRS is down. |
| ChartMill Relative Strength | 28.32 | NEGATIVE | DRS has a low relative strength, it was outperformed by 71.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DRS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.55 | NEUTRAL | The RSI value for DRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests DRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.2 | OVERSOLD | The low Stochastics value suggests DRS may be oversold. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for DRS suggests some volalility. |
| Average Directional Index/ADX (14) | 28.43 | POSITIVE | The high ADX value value for DRS suggests a strong trend. |
DRS Chart- and CandleStick Pattern Analysis
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)
DRS Technicals: Chart, Performance Metrics, Trend & Indicators
40.63
+1.16 (+2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg2.94%
1 Week-1.88%
2 Weeks-9.59%
1 Month-11.4%
3 Month-1.05%
6 Month11.13%
12 Month-3.26%
2 Year88.8%
3 Year169.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%3.86%
ATR Inc-38.19%
Range Today1.2
ADR(20)1.56
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.32
3 months CRS41.48
6 months CRS72.76
Mansfield-1.07
10 Day High45.86
10 Day Low39.28
20 Day High48.41
20 Day Low39.28
52 Week High49.31
52 Week Low32.43
CS1 End39.97
CR1 Start46.59
Volume & EV
DER(3)-0.66%
DER(5)-0.46%
Volume862.61K
Volume Incr-10.05%
Vol(5)993.37K
Vol(50)1.20M
LEONARDO DRS INC / DRS TA FAQ
Can you provide the ChartMill technical rating for LEONARDO DRS INC?
ChartMill assigns a technical rating of 1 / 10 to DRS.
Can you provide the trend direction for LEONARDO DRS INC?
The current trend direction for LEONARDO DRS INC (DRS) is Bearish.
Can you provide the RSI signal for LEONARDO DRS INC?
LEONARDO DRS INC (DRS) has an RSI value of 38.547. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LEONARDO DRS INC?
The short term momentum for LEONARDO DRS INC (DRS) is negative.