DT MIDSTREAM INC (DTM) Technical Analysis
NYSE:DTM • US23345M1071
Current stock price
DTM Technical Rating and Analysis
Taking everything into account, DTM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DTM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, DTM did better than 84% of all other stocks. On top of that, DTM also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by DTM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month DTM has a been trading in the 129.38 - 149.52 range, which is quite wide. It is currently trading near the high of this range.
- DTM is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, DTM did better than 54% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DTM Weekly and Daily overview Charts
DTM Setup Rating and Analysis
Although DTM has an excellent technical rating, it does not offer a high quality setup 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
DTM Support and Resistance Analysis
121.49
We found 3 important support areas.
- A support zone ranging from 134.70 to 136.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 130.41 to 131.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @122.72 from a trend line in the weekly time frame.
DTM 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 DTM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DTM is neutral. |
| ChartMill Relative Strength | 84.6 | POSITIVE | DTM has a high relative strength, it outperformed 84.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DTM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.91 | OVERBOUGHT | The high RSI value suggests DTM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.35 | POSITIVE | The MACD value suggests DTM has a positive trend. |
| Stochastics (14,3) | 92.46 | OVERBOUGHT | The high Stochastics value suggests DTM may be overbought. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for DTM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.52 | NEGATIVE | The low ADX value for DTM suggests a weak or negative trend. |
DTM Chart- and CandleStick Pattern Analysis
DTM Technicals: Chart, Performance Metrics, Trend & Indicators
147.99
+9.2 (+6.63%)
DT MIDSTREAM INC / DTM TA FAQ
What is the ChartMill technical rating of DT MIDSTREAM INC (DTM) stock?
ChartMill assigns a technical rating of 9 / 10 to DTM.
What is the trend direction for DTM stock?
The current trend direction for DT MIDSTREAM INC (DTM) is Bullish.
What is the RSI signal for DTM stock?
DT MIDSTREAM INC (DTM) has an RSI value of 74.9072. This indicates that the stock is currently overbought.
Can you provide the support and resistance levels for DT MIDSTREAM INC?
DT MIDSTREAM INC (DTM) has a support level at 136.31. Check the full technical report for our detailed analysis of DTM support and resistance levels.