Dover Motorsports Inc (DVD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DVD - Common Stock
Overall DVD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DVD has proven to be a steady performer, scoring decent points in every aspect analyzed.
DVD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.60, a Stop Loss order could be placed below this zone.
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2.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.58 to 3.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.38 from a trend line in the weekly time frame.
- A support zone ranging from 2.30 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.26 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.63 to 3.63. 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 DVD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DVD is up. |
| ChartMill Relative Strength | 96.62 | POSITIVE | DVD has a high relative strength, it outperformed 96.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DVD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DVD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DVD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.1 | OVERBOUGHT | The high RSI value suggests DVD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DVD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for DVD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for DVD suggests low volalility. |
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 |
|---|---|---|---|
| 3.64 | 3.58 | 0.06 (1.65%) | 25.00% |
| An entry @3.64. This is a Buy Stop order right above the resistance zone. | An exit @3.58. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 1.65%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%. |
- 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.
NYSE:DVD (12/21/2021, 8:22:43 PM)
3.61
+0.01 (+0.28%)
Dover Motorsports Inc / DVD FAQ
What is the technical rating for DVD stock?
ChartMill assigns a technical rating of 9 / 10 to DVD.
Can you provide the trend direction for Dover Motorsports Inc?
The current trend direction for Dover Motorsports Inc (DVD) is Bullish.
Can you provide the RSI signal for Dover Motorsports Inc?
Dover Motorsports Inc (DVD) has an RSI value of 77.1001. This indicates that the stock is currently overbought.
What is the MACD signal for Dover Motorsports Inc (DVD) stock?
The MACD indicator for Dover Motorsports Inc (DVD) has a value of -0.0377579, indicating a bearish trend.
Can you provide the buy/sell signal for Dover Motorsports Inc?
The buy/sell signal for Dover Motorsports Inc (DVD) is buy as both the short term and long term trends are positive.