USA - NYSE:DSX - MHY2066G1044 - Common Stock
We assign a technical rating of 4 out of 10 to DSX. In the last year, DSX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, DSX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.69, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
1.48
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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 DSX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSX is neutral. |
| ChartMill Relative Strength | 26.3 | NEGATIVE | DSX has a low relative strength, it was outperformed by 73.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DSX is above the rising 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) | DOWN | MIXED | The current price of DSX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.59 | NEUTRAL | The RSI value for DSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DSX has a positive trend. |
| Stochastics (14,3) | 60.87 | NEUTRAL | The Stochastics value for DSX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for DSX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for DSX suggests a weak or negative trend. |
1.74
+0.06 (+3.57%)
ChartMill assigns a technical rating of 4 / 10 to DSX.
The current trend direction for DIANA SHIPPING INC (DSX) is Bearish.
DIANA SHIPPING INC (DSX) has an RSI value of 53.5949. This indicates that the stock is currently neutral.
The MACD indicator for DIANA SHIPPING INC (DSX) has a value of 0.00681937, indicating a bearish trend.
DIANA SHIPPING INC (DSX) has a support level at 1.69 and a resistance level at 1.82. Check the full technical report for our detailed analysis of DSX support and resistance levels.