USA - NYSE:DV - US25862V1052 - Common Stock
We assign a technical rating of 0 out of 10 to DV. DV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, DV does present a nice setup opportunity. 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 11.37. Right above this resistance zone may be a good entry point.
10.78
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The long term trend for DV is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DV is down. |
ChartMill Relative Strength | 6.71 | NEGATIVE | DV has a low relative strength, it was outperformed by 93.29% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DV is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DV is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DV is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 25.73 | OVERSOLD | The low RSI value suggests DV may be oversold. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DV has a positive trend. |
Stochastics (14,3) | 8.52 | OVERSOLD | The low Stochastics value suggests DV may be oversold. |
Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for DV suggests some volalility. |
Average Directional Index/ADX (14) | 43.61 | POSITIVE | The high ADX value value for DV suggests a strong trend. |
10.89
+0.02 (+0.18%)