DT MIDSTREAM INC (DTM)
US23345M1071 - Common Stock
We assign a technical rating of 10 out of 10 to DTM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DTM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DTM is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, DTM also shows a nice and consistent pattern of rising prices.
DTM 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 DTM is leading the market.
In the last month DTM has a been trading in the 60.54 - 64.69 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
DTM is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 69% of 214 stocks in the same industry.
DTM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 64.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.85, a Stop Loss order could be placed below this zone.
More info and screens
51.01
65.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 63.00 to 63.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 57.55 to 57.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 52.98 to 53.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.53 to 51.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 64.05 to 64.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.9
Mansfield0.74
10 Day High64.69
10 Day Low61.25
20 Day High64.69
20 Day Low60.54
52 Week High64.69
52 Week Low45.11
Performance
1 Week1.28%
2 Weeks2.23%
1 Month4.81%
3 Month17.14%
6 Month20.88%
12 Month29.98%
2 Year19.14%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)66.53
LBB61.71
UBB64.56
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 64.60 | 62.99 | 1.61 (2.49%) | 25.00% |
| An entry @64.60. This is a Buy Stop order right above the resistance zone. | An exit @62.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.61 points, which is 2.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of DTM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DT MIDSTREAM INC
NYSE:DTM (4/26/2024, 7:04:00 PM)
After market: 64.04 0 (0%)64.04
-0.55 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.85%
1 Week1.28%
2 Weeks2.23%
1 Month4.81%
3 Month17.14%
6 Month20.88%
12 Month29.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.16
ATR(20)%1.81%
ATR Inc
Range Today0.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High64.69
10 Day Low61.25
20 Day High64.69
20 Day Low60.54
52 Week High64.69
52 Week Low45.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume702.50K
Volume Incr3.63%
Vol(5)734.48K
Vol(50)708.05K