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Koninklijke DSM NV (DSM.AS) Stock Technical Analysis

Europe - AMS:DSM - NL0000009827 - Common Stock

114.05 EUR
+0.15 (+0.13%)
Last: 5/30/2023, 7:00:00 PM
Technical Rating and Analysis

1

Overall DSM gets a technical rating of 1 out of 10. 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.
When comparing the yearly performance of all stocks, DSM is a bad performer in the overall market: 87% of all stocks are doing better.
DSM is part of the Chemicals industry. There are 67 other stocks in this industry, of which 63% are performing better than DSM.
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.
Weekly and Daily overview Charts
Koninklijke DSM NV / DSM Weekly stock chart
Koninklijke DSM NV / DSM Daily stock chart
Setup Rating and Analysis

8

DSM has a bad 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 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.
Support and Resistance Analysis

106.92

127.92

2 important support areas can be observed.

  • 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for DSM.AS is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for DSM.AS is neutral.
ChartMill Relative Strength13.56NEGATIVEDSM.AS has a low relative strength, it was outperformed by 86.44% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of DSM.AS is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of DSM.AS is above a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of DSM.AS is below a declining SMA(200).
Relative Strength Index/RSI (14)48.26NEUTRALThe RSI value for DSM.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests DSM.AS has a negative trend, although the MACD value is rising.
Stochastics (14,3)40.74NEUTRALThe Stochastics value for DSM.AS is a neutral value.
Average True Range in percent/ATR (20)1.18LOW VOLATILITYThe low ATR as a percentage value for DSM.AS suggests low volalility.
Average Directional Index/ADX (14)8.82NEGATIVEThe low ADX value for DSM.AS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Koninklijke DSM NV / DSM Daily stock chart

Koninklijke DSM NV

AMS:DSM (5/30/2023, 7:00:00 PM)

114.05

+0.15 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.13%
1 Week0.66%
2 Weeks0.75%
1 Month1.11%
3 Month-4.4%
6 Month-10.55%
12 Month-27.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%1.18%
ATR Inc-18.4%
Range Today1.4
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.56
3 months CRSN/A
6 months CRSN/A
Mansfield-1.36
10 Day High115.55
10 Day Low112.85
20 Day High116.95
20 Day Low112.85
52 Week High158.3
52 Week Low105.8
CS1 End113.92
CR1 Start114.11
Volume & EV
DER(3)1.23%
DER(5)-0.54%
Volume213.21K
Volume Incr-33.48%
Vol(5)78.34K
Vol(50)322.14K

Koninklijke DSM NV / DSM.AS 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.


Can you provide the trend direction for Koninklijke DSM NV?

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.


Can you provide the MACD signal for Koninklijke DSM NV?

The MACD indicator for Koninklijke DSM NV (DSM.AS) has a value of -0.0156299, indicating a bearish trend.


What is the short term momentum for Koninklijke DSM NV (DSM.AS) stock?

The short term momentum for Koninklijke DSM NV (DSM.AS) is neutral.