DRILLING TOOLS INTERNATIONAL (DTI) Stock Technical Analysis
NASDAQ:DTI - Nasdaq - US26205E1073 - Common Stock - Currency: USD
Taking everything into account, DTI scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DTI is a bad performer.
64% of all other stocks performed better in the past year than DTI.
The long and short term trends are both positive. This is looking good!
In the last month DTI has a been trading in the 2.34 - 3.60 range, which is quite wide. It is currently trading near the high of this range.
DTI is an average performer in the Energy Equipment & Services industry, it outperforms 56% of 63 stocks in the same industry.
DTI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DTI is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although DTI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.41
3.67
When analyzing the resistance we notice one important area.
- Resistance @3.63 from a horizontal 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 | UP | POSITIVE | The long term trend for DTI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DTI is up. |
| ChartMill Relative Strength | 36.18 | NEUTRAL | DTI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DTI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.04 | OVERBOUGHT | The high RSI value suggests DTI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DTI has a positive trend. |
| Stochastics (14,3) | 82.25 | OVERBOUGHT | The high Stochastics value suggests DTI may be overbought. |
| Average True Range in percent/ATR (20) | 6.78 | HIGH VOLATILITY | The high ATR as a percentage value for DTI suggests high volalility. |
| Average Directional Index/ADX (14) | 39.53 | POSITIVE | The high ADX value value for DTI 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)
3.44
+0.18 (+5.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg5.52%
1 Week4.24%
2 Weeks24.64%
1 Month40.98%
3 Month30.3%
6 Month9.21%
12 Month-33.85%
2 Year-20.92%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%6.78%
ATR Inc57.96%
Range Today0.3
ADR(20)0.23
ADR(20)%6.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.18
Mansfield-0.44
10 Day High3.6
10 Day Low2.71
20 Day High3.6
20 Day Low2.34
52 Week High6.36
52 Week Low1.43
CS1 EndN/A
CR1 Start3.63
Volume & EV
DER(3)2.06%
DER(5)2.04%
Volume91.50K
Volume Incr123.76%
Vol(5)110.18K
Vol(50)66.10K