LEONARDO DRS INC (DRS)

US52661A1088 - Common Stock

21.93  +0.26 (+1.2%)

After market: 22.2996 +0.37 (+1.69%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to DRS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRS is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DRS is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, DRS also shows a nice and consistent pattern of rising prices.
DRS is part of the Aerospace & Defense industry. There are 63 other stocks in this industry. DRS outperforms 72% of them.
DRS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DRS is performing more or less in line with the market.
In the last month DRS has a been trading in the 20.34 - 22.12 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DRS Weekly chart
DRS Daily chart
Setup Rating and Analysis

8

DRS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 21.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DRS in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

18.35

22.15

3 important support areas can be observed.

  • A support zone ranging from 21.03 to 21.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 20.41 to 20.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @18.54 from a horizontal 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
CRS87.45
Mansfield0.68
10 Day High22.12
10 Day Low20.46
20 Day High22.12
20 Day Low20.34
52 Week High24
52 Week Low14.12
Performance
1 Week4.68%
2 Weeks4.88%
1 Month1.91%
3 Month14.46%
6 Month9.43%
12 Month39.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.11
RSI(14)57.89
LBB20.49
UBB21.98
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.

ENTRYEXITDISTANCECAPITAL
22.1321.021.11 (5.02%)19.94%
An entry @22.13. This is a Buy Stop order right above the 10 day high.An exit @21.02. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.11 points, which is 5.02%.For a 1.00% total portfolio risk, you can invest 19.94% of your capital in this trade.

  • 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.
DRS Daily chart

LEONARDO DRS INC

NASDAQ:DRS (4/29/2024, 4:58:43 PM)

After market: 22.2996 +0.37 (+1.69%)

21.93

+0.26 (+1.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.2%
1 Week4.68%
2 Weeks4.88%
1 Month1.91%
3 Month14.46%
6 Month9.43%
12 Month39.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%2.61%
ATR Inc
Range Today0.58
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 High22.12
10 Day Low20.46
20 Day High22.12
20 Day Low20.34
52 Week High24
52 Week Low14.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume336.72K
Volume Incr-47.76%
Vol(5)350.88K
Vol(50)714.59K