We assign a technical rating of 3 out of 10 to DSGR. In the past year, DSGR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, DSGR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 28.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.41, a Stop Loss order could be placed below this zone.
More info and screens
25.42
When analyzing the support we can see 4 important areas.
- A support zone ranging from 27.98 to 28.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.64 to 26.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @26.11 from a horizontal line in the daily time frame.
- A support zone ranging from 25.68 to 25.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.72 to 29.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.04 from a trend line in the weekly time frame.
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 | 23.27 | NEGATIVE | DSGR has a low relative strength, it was outperformed by 76.73% 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) | DOWN | MIXED | The current price of DSGR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.16 | NEUTRAL | The RSI value for DSGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DSGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.41 | NEUTRAL | The Stochastics value for DSGR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.99 | NEGATIVE | The low ADX value for DSGR suggests a weak or negative trend. |
28.68
-0.06 (-0.21%)
DISTRIBUTION SOLUTIONS GROUP / DSGR FAQ
What is the technical rating for DSGR stock?
ChartMill assigns a technical rating of 3 / 10 to DSGR.
What is the trend direction for DSGR stock?
The current trend direction for DISTRIBUTION SOLUTIONS GROUP (DSGR) is Bearish.
Can you provide the RSI signal for DISTRIBUTION SOLUTIONS GROUP?
DISTRIBUTION SOLUTIONS GROUP (DSGR) has an RSI value of 55.162. This indicates that the stock is currently neutral.
What is the MACD signal for DISTRIBUTION SOLUTIONS GROUP (DSGR) stock?
The MACD indicator for DISTRIBUTION SOLUTIONS GROUP (DSGR) has a value of 0.0507822, indicating a bearish trend.