DIANA SHIPPING INC (DSX) Stock Technical Analysis
NYSE:DSX - New York Stock Exchange, Inc. - MHY2066G1044 - Common Stock - Currency: USD
Taking everything into account, DSX scores 1 out of 10 in our technical rating. DSX'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than DSX.
DSX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
DSX is part of the Marine Transportation industry. There are 36 other stocks in this industry, DSX did better than 42% of them.
In the last month DSX has a been trading in the 1.46 - 1.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DSX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.34
1.70
When analyzing the support we can see 2 important areas.
- Support @1.47 from a trend line in the daily time frame.
- A support zone ranging from 1.35 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.57 to 1.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.64 from a trend line in the daily time frame.
- A resistance zone ranging from 1.68 to 1.68. 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 | DOWN | NEGATIVE | The long term trend for DSX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSX is neutral. |
| ChartMill Relative Strength | 15.55 | NEGATIVE | DSX has a low relative strength, it was outperformed by 84.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DSX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DSX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DSX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.31 | NEUTRAL | The RSI value for DSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DSX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.42 | NEUTRAL | The Stochastics value for DSX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for DSX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.55 | NEGATIVE | The low ADX value for DSX suggests a weak or negative trend. |
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)
1.56
+0.02 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.3%
1 Week4.7%
2 Weeks-4.29%
1 Month-3.7%
3 Month12.23%
6 Month-15.68%
12 Month-37.1%
2 Year-56.79%
3 Year-67.84%
5 Year6.85%
10 Year-77.06%
15 Year-86.88%
Volatility
ATR(14)0.06
ATR(20)%3.88%
ATR Inc-30.69%
Range Today0.04
ADR(20)0.06
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.55
Mansfield-2.34
10 Day High1.67
10 Day Low1.46
20 Day High1.68
20 Day Low1.46
52 Week High2.63
52 Week Low1.27
CS1 End1.47
CR1 Start1.57
Volume & EV
DER(3)-0.59%
DER(5)0.02%
Volume133.90K
Volume Incr-38.58%
Vol(5)169.58K
Vol(50)279.50K