DISTRIBUTION SOLUTIONS GROUP (DSGR) Stock Technical Analysis
NASDAQ:DSGR - Nasdaq - US5207761058 - Common Stock - Currency: USD
We assign a technical rating of 5 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.
When comparing the yearly performance of all stocks, DSGR is a bad performer in the overall market: 75% of all stocks are doing better.
DSGR is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, of which 72% are performing better than DSGR.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
In the last month DSGR has a been trading in the 26.29 - 30.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DSGR has an average technical rating and also the quality of the setup is only medium 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
25.42
30.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.58 to 27.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.68 to 25.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @29.11 from a horizontal line in the weekly time frame.
- Resistance @29.80 from a horizontal line in the daily 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 | 25.65 | NEGATIVE | DSGR has a low relative strength, it was outperformed by 74.35% 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) | UP | POSITIVE | The current price of DSGR is above the rising 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) | 54.68 | NEUTRAL | The RSI value for DSGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests DSGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.87 | NEUTRAL | The Stochastics value for DSGR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGR suggests some volalility. |
| Average Directional Index/ADX (14) | 19 | NEGATIVE | The low ADX value for DSGR 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)
28.58
-0.63 (-2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.16%
1 Week-1.82%
2 Weeks3.03%
1 Month2.05%
3 Month5.62%
6 Month-14.05%
12 Month-7.15%
2 Year3.1%
3 Year15.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%2.99%
ATR Inc11.12%
Range Today0.78
ADR(20)0.83
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.65
Mansfield-1.89
10 Day High30.1
10 Day Low27.22
20 Day High30.1
20 Day Low26.29
52 Week High41.47
52 Week Low21.87
CS1 End27.87
CR1 Start29.11
Volume & EV
DER(3)-1.84%
DER(5)2%
Volume39.20K
Volume Incr23.87%
Vol(5)67.04K
Vol(50)68.84K