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.
- 76% of all other stocks performed better in the past year than DSGR.
- DSGR is one of the lesser performing stocks in the Trading Companies & Distributors industry. 69% of 50 stocks in the same industry do better.
- 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.
- In the last month DSGR has a been trading in the 27.29 - 30.41 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 currently trading near new highs, so DSGR is lagging the market.
DSGR has only a medium technical rating, but it does show a decent setup pattern. 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 30.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.21, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.42
4 important support areas can be observed.
- A support zone ranging from 28.05 to 28.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.88 to 27.13. 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.
We found 1 important resistance area.
- A resistance zone ranging from 30.20 to 30.31. This zone is formed by a combination of multiple trend lines 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 | 24.47 | NEGATIVE | DSGR has a low relative strength, it was outperformed by 75.53% 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) | UP | POSITIVE | The current price of DSGR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.74 | NEUTRAL | The RSI value for DSGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DSGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.28 | NEUTRAL | The Stochastics value for DSGR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for DSGR suggests a weak or negative trend. |
29.85
+0.15 (+0.51%)
DISTRIBUTION SOLUTIONS GROUP / DSGR FAQ
What is the technical rating for DSGR stock?
ChartMill assigns a technical rating of 5 / 10 to DSGR.
Can you provide the trend direction for DISTRIBUTION SOLUTIONS GROUP?
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 56.7379. This indicates that the stock is currently neutral.
What is the MACD signal for DSGR stock?
The MACD indicator for DISTRIBUTION SOLUTIONS GROUP (DSGR) has a value of 0.0205684, indicating a bearish trend.
What is the support and resistance level for DSGR stock?
DISTRIBUTION SOLUTIONS GROUP (DSGR) has a support level at 28.21 and a resistance level at 30.2. Check the full technical report for our detailed analysis of DSGR support and resistance levels.