AMS:DSM - Euronext Amsterdam - NL0000009827 - Common Stock - Currency: EUR
Overall DSM gets a technical rating of 1 out of 10. DSM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
106.92
2 important support areas can be observed.
We can see 3 important resistance areas.
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. |
AMS:DSM (5/30/2023, 7:00:00 PM)
114.05
+0.15 (+0.13%)