DT MIDSTREAM INC (DTM) Stock Technical Analysis
NYSE:DTM - New York Stock Exchange, Inc. - US23345M1071 - Common Stock - Currency: USD
Overall DTM gets a technical rating of 5 out of 10. In the last year, DTM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
DTM is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 85% of 209 stocks in the same industry.
DTM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DTM is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that DTM is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month DTM has a been trading in the 98.06 - 107.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DTM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 99.05, a Stop Loss order could be placed below this zone.
More info and screens
86.08
109.24
2 important support areas can be observed.
- A support zone ranging from 98.23 to 99.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 86.95 to 87.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 102.07 to 105.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @108.16 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 DTM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DTM is neutral. |
| ChartMill Relative Strength | 77.17 | POSITIVE | DTM has a high relative strength, it outperformed 77.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DTM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DTM is below a declining 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) | 44.45 | NEUTRAL | The RSI value for DTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.84 | NEUTRAL | The Stochastics value for DTM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for DTM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.83 | NEGATIVE | The low ADX value for DTM suggests a weak or negative 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)
101.95
-1.46 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.41%
1 Week-2.25%
2 Weeks-3.63%
1 Month2.12%
3 Month-2.04%
6 Month3.48%
12 Month33.15%
2 Year94.97%
3 Year84.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.68
ATR(20)%2.44%
ATR Inc-37.01%
Range Today1.93
ADR(20)2.46
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.17
Mansfield-0.48
10 Day High106.1
10 Day Low101.26
20 Day High107.58
20 Day Low98.06
52 Week High114.5
52 Week Low73.52
CS1 End99.05
CR1 Start102.07
Volume & EV
DER(3)0.54%
DER(5)0.49%
Volume664.60K
Volume Incr-20.3%
Vol(5)623.14K
Vol(50)826.65K