DIANA SHIPPING INC (DSX) Technical Analysis
NYSE:DSX • MHY2066G1044
Current stock price
2.52 USD
+0.12 (+5%)
At close:
2.5535 USD
+0.03 (+1.33%)
After Hours:
DSX Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to DSX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, DSX did better than 91% of all other stocks.
- DSX is one of the better performing stocks in the Marine Transportation industry, it outperforms 73% of 35 stocks in the same industry.
- DSX 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 DSX is performing more or less in line with the market.
- In the last month DSX has a been trading in the 2.25 - 2.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DSX Weekly and Daily overview Charts
DSX Setup Rating and Analysis
Besides having an excellent technical rating, DSX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
DSX Support and Resistance Analysis
1.61
2.69
We found 6 important support areas.
- A support zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.33 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.25 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.77 from a trend line in the weekly time frame.
- Support @1.74 from a trend line in the daily time frame.
- Support @1.63 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.55 to 2.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @2.66 from a horizontal line in the daily time frame.
DSX 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 | UP | POSITIVE | The long term trend for DSX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSX is neutral. |
| ChartMill Relative Strength | 91.37 | POSITIVE | DSX has a high relative strength, it outperformed 91.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DSX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DSX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DSX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.04 | NEUTRAL | The RSI value for DSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DSX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.05 | NEUTRAL | The Stochastics value for DSX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for DSX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.62 | POSITIVE | The high ADX value value for DSX suggests a strong trend. |
DSX 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)
DSX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.42 | 2.32 | 0.10 (4.13%) | 24.20% |
| An entry @2.42. This is a Buy Stop order right above the resistance zone. | An exit @2.32. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.10 points, which is 4.13%. | For a 1.00% total portfolio risk, you can invest 24.20% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DSX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DSX Technicals: Chart, Performance Metrics, Trend & Indicators
2.52
+0.12 (+5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg5%
1 Week3.45%
2 Weeks-2.83%
1 Month-7.69%
3 Month41.18%
6 Month35.59%
12 Month47.24%
2 Year-16.95%
3 Year-38.46%
5 Year-19.73%
10 Year-10.11%
15 Year-79.73%
Volatility
ATR(14)0.15
ATR(20)%6.06%
ATR Inc34.28%
Range Today0.13
ADR(20)0.14
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.37
3 months CRS96.46
6 months CRS93.08
Mansfield3.22
10 Day High2.52
10 Day Low2.26
20 Day High2.72
20 Day Low2.26
52 Week High2.72
52 Week Low1.27
CS1 End2.34
CR1 Start2.41
Volume & EV
DER(3)-9.23%
DER(5)-5.85%
Volume750.88K
Volume Incr-30.48%
Vol(5)740.66K
Vol(50)831.85K
DIANA SHIPPING INC / DSX TA FAQ
Can you provide the ChartMill technical rating for DIANA SHIPPING INC?
ChartMill assigns a technical rating of 8 / 10 to DSX.
What is the trend direction for DSX stock?
The current trend direction for DIANA SHIPPING INC (DSX) is Bullish.
What is the RSI signal for DSX stock?
DIANA SHIPPING INC (DSX) has an RSI value of 50.0438. This indicates that the stock is currently neutral.
What is the short term momentum for DIANA SHIPPING INC (DSX) stock?
The short term momentum for DIANA SHIPPING INC (DSX) is neutral.
What are the support and resistance levels for DIANA SHIPPING INC (DSX) stock?
DIANA SHIPPING INC (DSX) has a support level at 2.34 and a resistance level at 2.41. Check the full technical report for our detailed analysis of DSX support and resistance levels.