Diamond S Shipping Inc (DSSI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DSSI -
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.
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
2 important support areas can be observed.
- 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. |
9.69
+0.19 (+2%)
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.
What is the current trend direction of Diamond S Shipping Inc (DSSI) stock?
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 short term momentum for Diamond S Shipping Inc (DSSI) stock?
The short term momentum for Diamond S Shipping Inc (DSSI) is negative.
Can you provide the support and resistance levels for Diamond S Shipping Inc?
Diamond S Shipping Inc (DSSI) has a support level at 9.68 and a resistance level at 9.81. Check the full technical report for our detailed analysis of DSSI support and resistance levels.