BNYM STRAT MUNI BND (DSM) Stock Technical Analysis
NYSE:DSM - US09662E1091
5.63 USD
0 (0%)
5.63 USD
0 (0%)
We assign a technical rating of 3 out of 10 to DSM. In the past year, DSM 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, DSM is a bad performer in the overall market: 76% of all stocks are doing better.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
DSM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DSM is lagging the market.
In the last month DSM has a been trading in a tight range between 5.49 and 5.70.
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 resistance zone just above the current price starting at 5.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.62, 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
5.31
5.95
We found 2 important support areas.
- A support zone ranging from 5.53 to 5.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.36 to 5.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.64 to 5.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.86 to 5.89. 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 | DOWN | NEGATIVE | The long term trend for DSM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DSM is up. |
| ChartMill Relative Strength | 24.77 | NEGATIVE | DSM has a low relative strength, it was outperformed by 75.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DSM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.69 | NEUTRAL | The RSI value for DSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DSM has a positive trend. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for DSM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for DSM suggests low volalility. |
| Average Directional Index/ADX (14) | 16.88 | NEGATIVE | The low ADX value for DSM 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)
5.63
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week1.62%
2 Weeks-0.18%
1 Month2.74%
3 Month1.44%
6 Month-6.63%
12 Month-7.4%
2 Year3.87%
3 Year-12.44%
5 Year-25.13%
10 Year-26.5%
15 Year-33.37%
Volatility
ATR(14)0.06
ATR(20)%1.05%
ATR Inc-56.13%
Range Today0.02
ADR(20)0.06
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.77
Mansfield-1.22
10 Day High5.66
10 Day Low5.52
20 Day High5.7
20 Day Low5.49
52 Week High6.38
52 Week Low5.28
CS1 End5.62
CR1 Start5.64
Volume & EV
DER(3)-2.52%
DER(5)0.39%
Volume137.20K
Volume Incr28.39%
Vol(5)126.12K
Vol(50)111.97K