Koninklijke DSM NV (DSM.AS) Technical Analysis
AMS:DSM • NL0000009827
Current stock price
DSM.AS Technical Rating and Analysis
Taking everything into account, DSM scores 1 out of 10 in our technical rating. DSM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 87% of all other stocks performed better in the past year than DSM.
- DSM is one of the lesser performing stocks in the Chemicals industry. 61% of 72 stocks in the same industry do better.
- DSM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DSM has a been trading in a tight range between 112.85 and 116.95.
- Considerably lower volume is observed in the last couple of days.
DSM.AS Weekly and Daily overview Charts
DSM.AS Setup Rating and Analysis
Although the technical rating is bad, DSM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 113.92, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
DSM.AS Support and Resistance Analysis
106.92
We found 2 important support areas.
- A support zone ranging from 112.80 to 113.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 108.00 to 108.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 114.11 to 116.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 119.30 to 121.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @126.65 from a horizontal line in the daily time frame.
DSM.AS 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 DSM.AS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSM.AS is neutral. |
| ChartMill Relative Strength | 13.56 | NEGATIVE | DSM.AS has a low relative strength, it was outperformed by 86.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DSM.AS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DSM.AS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DSM.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.26 | NEUTRAL | The RSI value for DSM.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DSM.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.74 | NEUTRAL | The Stochastics value for DSM.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for DSM.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 8.82 | NEGATIVE | The low ADX value for DSM.AS suggests a weak or negative trend. |
DSM.AS Chart- and CandleStick Pattern Analysis
DSM.AS Technicals: Chart, Performance Metrics, Trend & Indicators
AMS:DSM (5/30/2023, 7:00:00 PM)
114.05
+0.15 (+0.13%)
Koninklijke DSM NV / DSM.AS TA FAQ
What is the ChartMill technical rating of Koninklijke DSM NV (DSM.AS) stock?
ChartMill assigns a technical rating of 1 / 10 to DSM.AS.
What is the current trend direction of Koninklijke DSM NV (DSM.AS) stock?
The current trend direction for Koninklijke DSM NV (DSM.AS) is Bearish.
What is the RSI signal for DSM stock?
Koninklijke DSM NV (DSM.AS) has an RSI value of 48.2604. This indicates that the stock is currently neutral.
What is the MACD signal for DSM stock?
The MACD indicator for Koninklijke DSM NV (DSM.AS) has a value of -0.0156299, indicating a bearish trend.