Diamond S Shipping Inc (DSSI) Technical Analysis
NYSE:DSSI
Current stock price
9.69
+0.19 (+2%)
At close:
9.8
+0.11 (+1.14%)
After Hours:
DSSI Technical Rating and Analysis
Overall DSSI gets a technical rating of 0 out of 10. DSSI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, DSSI is a bad performer in the overall market: 65% of all stocks are doing better.
- DSSI is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 83% are performing better 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 is also trading in the upper part of its 52 week range, so DSSI is performing more or less in line with the market.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
DSSI Weekly and Daily overview Charts
DSSI Setup Rating and Analysis
Although the technical rating is bad, DSSI does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
DSSI Support and Resistance Analysis
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.
4 important resistance areas can be observed.
- 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.
DSSI 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.
| 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. |
DSSI 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)
DSSI Technicals: Chart, Performance Metrics, Trend & Indicators
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 TA 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.
What is the RSI signal for DSSI stock?
Diamond S Shipping Inc (DSSI) has an RSI value of 42.4656. This indicates that the stock is currently neutral.
What is the short term momentum for DSSI stock?
The short term momentum for Diamond S Shipping Inc (DSSI) is negative.