DIANA SHIPPING INC (DSX) Stock Technical Analysis
NYSE:DSX - New York Stock Exchange, Inc. - MHY2066G1044 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to DSX. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
90% 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. The S&P500 Index however is trading in the upper part of its 52 week range, so DSX is lagging the market.
DSX is part of the Marine Transportation industry. There are 32 other stocks in this industry, DSX did better than 41% of them.
In the last month DSX has a been trading in the 1.38 - 1.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DSX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.51, a Stop Loss order could be placed below this zone.
More info and screens
1.47
2.16
We found 1 important support area.
- A support zone ranging from 1.48 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.53 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.71 from a trend line in the weekly time frame.
- Resistance @1.94 from a horizontal line in the daily time frame.
- Resistance @2.14 from a trend line in the weekly time frame.
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 | 10.24 | NEGATIVE | DSX has a low relative strength, it was outperformed by 89.76% 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) | DOWN | MIXED | The current price of DSX is above a declining 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) | 53.13 | NEUTRAL | The RSI value for DSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DSX has a positive trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for DSX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for DSX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.36 | NEUTRAL | The ADX value for DSX suggests a possible start of a new 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)
1.52
+0.07 (+4.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg4.83%
1 Week1.33%
2 Weeks-1.94%
1 Month3.4%
3 Month-18.28%
6 Month-14.61%
12 Month-49.16%
2 Year-58.7%
3 Year-76.03%
5 Year11.76%
10 Year-76.32%
15 Year-88.79%
Volatility
ATR(14)0.07
ATR(20)%4.17%
ATR Inc115%
Range Today0.12
ADR(20)0.06
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.24
Mansfield-3
10 Day High1.59
10 Day Low1.38
20 Day High1.59
20 Day Low1.38
52 Week High3.07
52 Week Low1.27
CS1 End1.51
CR1 Start1.53
Volume & EV
DER(3)-3.12%
DER(5)-6.09%
Volume623.10K
Volume Incr87.3%
Vol(5)373.68K
Vol(50)280.04K