DISTRIBUTION SOLUTIONS GROUP (DSGR) Technical Analysis
NASDAQ:DSGR • US5207761058
Current stock price
DSGR Technical Rating and Analysis
Overall DSGR gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DSGR was also a bad performer in the overall market in the last year.
- 73% of all other stocks performed better in the past year than DSGR.
- DSGR is part of the Trading Companies & Distributors industry. There are 47 other stocks in this industry, of which 63% are performing better than DSGR.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month DSGR has a been trading in the 19.02 - 28.00 range, which is quite wide. It is currently trading near the high of this range.
- DSGR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DSGR is lagging the market slightly.
DSGR Weekly and Daily overview Charts
DSGR Setup Rating and Analysis
The technical rating of DSGR is bad and it also does not present a quality setup 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
DSGR Support and Resistance Analysis
25.39
We found 2 important support areas.
- A support zone ranging from 26.55 to 27.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.65 to 26.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @28.00 from a horizontal line in the daily time frame.
- Resistance @29.51 from a trend line in the weekly time frame.
- A resistance zone ranging from 30.31 to 31.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
DSGR 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 DSGR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DSGR is up. |
| ChartMill Relative Strength | 27.55 | NEGATIVE | DSGR has a low relative strength, it was outperformed by 72.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DSGR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DSGR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DSGR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.96 | NEUTRAL | The RSI value for DSGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests DSGR has a positive trend. |
| Stochastics (14,3) | 79.65 | NEUTRAL | The Stochastics value for DSGR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.76 | NEGATIVE | The low ADX value for DSGR suggests a weak or negative trend. |
DSGR Chart- and CandleStick Pattern Analysis
DSGR Technicals: Chart, Performance Metrics, Trend & Indicators
27.7
+0.31 (+1.13%)
DISTRIBUTION SOLUTIONS GROUP / DSGR TA FAQ
What is the technical rating for DSGR stock?
ChartMill assigns a technical rating of 3 / 10 to DSGR.
Can you provide the trend direction for DISTRIBUTION SOLUTIONS GROUP?
The current trend direction for DISTRIBUTION SOLUTIONS GROUP (DSGR) is Bearish.
What is the RSI signal for DSGR stock?
DISTRIBUTION SOLUTIONS GROUP (DSGR) has an RSI value of 57.9596. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for DISTRIBUTION SOLUTIONS GROUP?
DISTRIBUTION SOLUTIONS GROUP (DSGR) has a support level at 27.38 and a resistance level at 28. Check the full technical report for our detailed analysis of DSGR support and resistance levels.