Diamond S Shipping Inc (DSSI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DSSI -
9.69
+0.19 (+2%)
9.8
+0.11 (+1.14%)
Overall DSSI gets a technical rating of 0 out of 10. DSSI'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.
- 65% of all other stocks performed better in the past year than DSSI.
- In the last month DSSI has a been trading in the 9.32 - 10.95 range, which is quite wide. It is currently trading near the lows of this range.
- DSSI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DSSI is lagging the market slightly.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- DSSI is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 44% of 207 stocks in the same industry.
DSSI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
9.40
11.21
When analyzing the support we can see 2 important areas.
- Support @9.68 from a horizontal line in the weekly time frame.
- Support @9.49 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.81 to 9.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.27 to 10.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.70 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.90 to 11.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for DSSI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DSSI is down. |
| ChartMill Relative Strength | 35.14 | NEUTRAL | DSSI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DSSI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DSSI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DSSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.47 | NEUTRAL | The RSI value for DSSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DSSI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.71 | OVERSOLD | The low Stochastics value suggests DSSI may be oversold. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for DSSI suggests some volalility. |
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)
9.69
+0.19 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2%
1 Week-1.52%
2 Weeks-2.71%
1 Month-7.71%
3 Month-3.96%
6 Month34.96%
12 Month17.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%4.19%
ATR Inc-0.8%
Range Today0.38
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
CRS35.14
3 months CRSN/A
6 months CRSN/A
Mansfield0.02
10 Day High10.69
10 Day Low9.32
20 Day High10.95
20 Day Low9.32
52 Week High11.25
52 Week Low5.31
CS1 End9.68
CR1 Start9.81
Volume & EV
DER(3)-2.35%
DER(5)-3.02%
Volume666.50K
Volume Incr1.93%
Vol(5)300.04K
Vol(50)261.99K
Diamond S Shipping Inc / DSSI FAQ
What is the ChartMill technical rating of Diamond S Shipping Inc (DSSI) stock?
ChartMill assigns a technical rating of 0 / 10 to DSSI.
Can you provide the trend direction for Diamond S Shipping Inc?
The current trend direction for Diamond S Shipping Inc (DSSI) is Bearish.
Can you provide the RSI signal for Diamond S Shipping Inc?
Diamond S Shipping Inc (DSSI) has an RSI value of 42.4656. This indicates that the stock is currently neutral.
What is the MACD signal for DSSI stock?
The MACD indicator for Diamond S Shipping Inc (DSSI) has a value of -0.0511159, indicating a bearish trend.