BNYM STRAT MUNI BND (DSM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DSM - US09662E1091
Overall DSM gets a technical rating of 3 out of 10. In the last year, DSM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
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 5.89, a Stop Loss order could be placed below this zone.
More info and screens
5.31
4 important support areas can be observed.
- A support zone ranging from 5.85 to 5.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.67 from a trend line in the daily time frame.
- Support @5.53 from a horizontal line in the daily time frame.
- A support zone ranging from 5.36 to 5.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.91 to 6.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.34 from a horizontal line 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 | UP | POSITIVE | The long term trend for DSM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DSM is down. |
| ChartMill Relative Strength | 43.78 | NEUTRAL | DSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DSM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DSM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.57 | NEUTRAL | The RSI value for DSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DSM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.67 | NEUTRAL | The Stochastics value for DSM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for DSM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for DSM suggests a weak or negative trend. |
5.89
-0.02 (-0.34%)
BNYM STRAT MUNI BND / DSM FAQ
What is the ChartMill technical rating of BNYM STRAT MUNI BND (DSM) stock?
ChartMill assigns a technical rating of 3 / 10 to DSM.
Can you provide the trend direction for BNYM STRAT MUNI BND?
The current trend direction for BNYM STRAT MUNI BND (DSM) is Bullish.
What is the RSI signal for DSM stock?
BNYM STRAT MUNI BND (DSM) has an RSI value of 40.5669. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BNYM STRAT MUNI BND?
The MACD indicator for BNYM STRAT MUNI BND (DSM) has a value of -0.00954504, indicating a bearish trend.
What is the short term momentum for BNYM STRAT MUNI BND (DSM) stock?
The short term momentum for BNYM STRAT MUNI BND (DSM) is negative.