NASDAQ:DRS - US52661A1088 - Common Stock
Taking everything into account, DRS scores 5 out of 10 in our technical rating. DRS was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, DRS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 42.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.64, a Stop Loss order could be placed below this zone.
31.36
We found 3 important support areas.
We found 1 important resistance area.
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 DRS is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRS is neutral. |
ChartMill Relative Strength | 81.84 | POSITIVE | DRS has a high relative strength, it outperformed 81.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRS is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRS is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRS is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 43.47 | NEUTRAL | The RSI value for DRS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests DRS has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 66.23 | NEUTRAL | The Stochastics value for DRS is a neutral value. |
Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for DRS suggests some volalility. |
Average Directional Index/ADX (14) | 15.12 | NEGATIVE | The low ADX value for DRS suggests a weak or negative trend. |
41.66
-0.81 (-1.91%)