DT MIDSTREAM INC (DTM) Stock Technical Analysis
USA - NYSE:DTM - US23345M1071 - Common Stock
114.49 USD
+1.13 (+1%)
114.49 USD
0 (0%)
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 81% of all stocks.
DTM is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 86% of 211 stocks in the same industry.
DTM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DTM has a been trading in the 103.50 - 115.35 range, which is quite wide. It is currently trading near the high of this range.
DTM has an excellent technical rating, but the quality of the setup is only medium 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
98.18
115.65
3 important support areas can be observed.
- A support zone ranging from 104.74 to 109.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 102.09 to 102.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 99.17 to 100.16. 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 114.50 to 114.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for DTM is up. |
| ChartMill Relative Strength | 81.91 | POSITIVE | DTM has a high relative strength, it outperformed 81.91% 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) | 73.96 | OVERBOUGHT | The high RSI value suggests DTM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests DTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.69 | OVERBOUGHT | The high Stochastics value suggests DTM may be overbought. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for DTM suggests low volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for DTM suggests a possible start of a new 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)
114.49
+1.13 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1%
1 Week1.08%
2 Weeks6.61%
1 Month8.76%
3 Month8.07%
6 Month31.25%
12 Month36.22%
2 Year112.14%
3 Year91.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.25
ATR(20)%1.84%
ATR Inc8.39%
Range Today2.07
ADR(20)2.04
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.91
Mansfield0.1
10 Day High115.35
10 Day Low106.32
20 Day High115.35
20 Day Low103.5
52 Week High115.35
52 Week Low82.39
CS1 End109.29
CR1 Start114.5
Volume & EV
DER(3)1.86%
DER(5)2.61%
Volume870.10K
Volume Incr4.48%
Vol(5)857.10K
Vol(50)773.50K