DRILLING TOOLS INTERNATIONAL (DTI) Technical Analysis
NASDAQ:DTI • US26205E1073
Current stock price
DTI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to DTI. Both in the recent history as in the last year, DTI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that DTI is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, DTI also shows a nice and consistent pattern of rising prices.
- DTI is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 79% of 60 stocks in the same industry.
- DTI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DTI is leading the market.
- In the last month DTI has a been trading in the 3.13 - 4.45 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DTI Weekly and Daily overview Charts
DTI Setup Rating and Analysis
Although DTI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DTI Support and Resistance Analysis
2.22
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.72 to 3.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.96 from a trend line in the daily time frame.
- Support @2.24 from a trend line in the weekly time frame.
DTI Technical Indicator Signal Analysis
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 | 96.15 | POSITIVE | DTI has a high relative strength, it outperformed 96.15% off all stocks 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) | UP | POSITIVE | The current price of DTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.62 | NEUTRAL | The RSI value for DTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DTI has a positive trend. |
| Stochastics (14,3) | 84.91 | OVERBOUGHT | The high Stochastics value suggests DTI may be overbought. |
| Average True Range in percent/ATR (20) | 6.75 | HIGH VOLATILITY | The high ATR as a percentage value for DTI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for DTI suggests a weak or negative trend. |
DTI Chart- and CandleStick Pattern Analysis
DTI Technicals: Chart, Performance Metrics, Trend & Indicators
4.29
-0.04 (-0.92%)
DRILLING TOOLS INTERNATIONAL / DTI TA FAQ
What is the ChartMill technical rating of DRILLING TOOLS INTERNATIONAL (DTI) stock?
ChartMill assigns a technical rating of 10 / 10 to DTI.
What is the current trend direction of DRILLING TOOLS INTERNATIONAL (DTI) stock?
The current trend direction for DRILLING TOOLS INTERNATIONAL (DTI) is Bullish.
What is the RSI signal for DRILLING TOOLS INTERNATIONAL (DTI) stock?
DRILLING TOOLS INTERNATIONAL (DTI) has an RSI value of 66.6214. This indicates that the stock is currently neutral.
What is the MACD signal for DTI stock?
The MACD indicator for DRILLING TOOLS INTERNATIONAL (DTI) has a value of 0.06473, indicating a bearish trend.
Can you provide the buy/sell signal for DRILLING TOOLS INTERNATIONAL?
The buy/sell signal for DRILLING TOOLS INTERNATIONAL (DTI) is buy as both the short term and long term trends are positive.