DISTRIBUTION SOLUTIONS GROUP (DSGR) Technical Analysis
NASDAQ:DSGR • US5207761058
Current stock price
DSGR Technical Rating and Analysis
Taking everything into account, DSGR scores 2 out of 10 in our technical rating. DSGR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- DSGR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When compared to the yearly performance of all other stocks, DSGR outperforms 42% of them, which is more or less in line with the market.
- DSGR is an average performer in the Trading Companies & Distributors industry, it outperforms 46% of 46 stocks in the same industry.
- DSGR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DSGR is lagging the market.
DSGR Weekly and Daily overview Charts
DSGR Setup Rating and Analysis
DSGR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.37, a Stop Loss order could be placed below this zone.
More info and screens
DSGR Support and Resistance Analysis
25.43
2 important support areas can be observed.
- A support zone ranging from 27.11 to 27.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.69 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @27.89 from a horizontal line in the daily time frame.
- Resistance @29.06 from a trend line in the weekly time frame.
- A resistance zone ranging from 30.21 to 30.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 30.86 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 | DOWN | NEGATIVE | The long term trend for DSGR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSGR is neutral. |
| ChartMill Relative Strength | 42.71 | NEUTRAL | DSGR is not amongst the best or worst performers 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 | NEGATIVE | The current price of DSGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.21 | NEUTRAL | The RSI value for DSGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DSGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.86 | NEUTRAL | The Stochastics value for DSGR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.31 | 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
27.54
+0.48 (+1.77%)
DISTRIBUTION SOLUTIONS GROUP / DSGR TA FAQ
What is the technical rating for DSGR stock?
ChartMill assigns a technical rating of 2 / 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 56.2068. 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 27.37 and a resistance level at 27.89. Check the full technical report for our detailed analysis of DSGR support and resistance levels.