DAVIS COMMODITIES LTD (DTCK) Stock Technical Analysis
NASDAQ:DTCK - Nasdaq - KYG2677P1054 - Common Stock - Currency: USD
Overall DTCK gets a technical rating of 3 out of 10. DTCK'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.
When comparing the yearly performance of all stocks, DTCK is a bad performer in the overall market: 78% of all stocks are doing better.
DTCK is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 61% of 40 stocks in the same industry do better.
DTCK has an average volume of 1593470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
DTCK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DTCK is lagging the market.
In the last month DTCK has a been trading in the 0.73 - 1.09 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, DTCK does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.62
1.04
We found 2 important support areas.
- A support zone ranging from 0.80 to 0.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.63 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.03 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for DTCK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DTCK is neutral. |
| ChartMill Relative Strength | 22.76 | NEGATIVE | DTCK has a low relative strength, it was outperformed by 77.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DTCK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DTCK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DTCK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.83 | NEUTRAL | The RSI value for DTCK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DTCK has a negative trend. |
| Stochastics (14,3) | 39.43 | NEUTRAL | The Stochastics value for DTCK is a neutral value. |
| Average True Range in percent/ATR (20) | 13.03 | HIGH VOLATILITY | The high ATR as a percentage value for DTCK suggests high volalility. |
| Average Directional Index/ADX (14) | 57.59 | POSITIVE | The high ADX value value for DTCK suggests a strong 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)
0.805
-0.14 (-14.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-14.39%
1 Week-15.26%
2 Weeks-16.25%
1 Month-4.17%
3 Month15.5%
6 Month-24.77%
12 Month-24.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%13.03%
ATR Inc59.86%
Range Today0.27
ADR(20)0.1
ADR(20)%13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.76
Mansfield-2.2
10 Day High1.09
10 Day Low0.8
20 Day High1.09
20 Day Low0.73
52 Week High1.5
52 Week Low0.4
CS1 End0.8
CR1 Start0.81
Volume & EV
DER(3)-14.23%
DER(5)-13.23%
Volume2.64M
Volume Incr193.81%
Vol(5)720.38K
Vol(50)1.59M