LEONARDO DRS INC (DRS) Stock Technical Analysis
USA - NASDAQ:DRS - US52661A1088 - Common Stock
41.44 USD
-1.14 (-2.68%)
41.3 USD
-0.14 (-0.34%)
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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that DRS is one of the better performing stocks in the market, outperforming 77% of all stocks.
In the last month DRS has a been trading in the 40.24 - 42.90 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.
DRS has an average volume of 1124290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DRS is an average performer in the Aerospace & Defense industry, it outperforms 52% of 69 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 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.18, a Stop Loss order could be placed below this zone.
More info and screens
31.67
43.65
4 important support areas can be observed.
- A support zone ranging from 41.09 to 41.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 40.32 to 40.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @34.35 from a trend line in the weekly time frame.
- Support @31.99 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.53 to 43.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 77.78 | POSITIVE | DRS has a high relative strength, it outperformed 77.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DRS is below the rising 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) | 46.46 | NEUTRAL | The RSI value for DRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests DRS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.94 | NEUTRAL | The Stochastics value for DRS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for DRS suggests some volalility. |
| Average Directional Index/ADX (14) | 9.27 | NEGATIVE | The low ADX value for DRS suggests a weak or negative trend. |
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)
41.44
-1.14 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-2.68%
1 Week-1.5%
2 Weeks0.58%
1 Month0.97%
3 Month-5.82%
6 Month25.58%
12 Month45.86%
2 Year148.14%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%2.55%
ATR Inc41.95%
Range Today1.61
ADR(20)1.03
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.78
Mansfield0.04
10 Day High42.85
10 Day Low40.32
20 Day High42.9
20 Day Low40.24
52 Week High49.31
52 Week Low26.75
CS1 End41.18
CR1 Start41.53
Volume & EV
DER(3)2.35%
DER(5)2.21%
Volume2.15M
Volume Incr42.94%
Vol(5)1.21M
Vol(50)1.12M