Dover Motorsports Inc (DVD) Technical Analysis
NYSE:DVD
Current stock price
DVD Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that DVD is one of the better performing stocks in the market, outperforming 96% of all stocks.
- DVD is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. DVD outperforms 99% of them.
- DVD 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 DVD has a been trading in a tight range between 3.58 and 3.62.
- Considerably lower volume is observed in the last couple of days.
DVD Weekly and Daily overview Charts
DVD Setup Rating and Analysis
DVD has an excellent technical rating and also presents a decent setup pattern. 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 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.
More info and screens
DVD Support and Resistance Analysis
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.
When analyzing the resistance we notice one important 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.
DVD 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 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. |
DVD Chart- and CandleStick Pattern Analysis
DVD Example Setup
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 worst case loss on the trade is limited to 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.
DVD Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:DVD (12/21/2021, 8:22:43 PM)
3.61
+0.01 (+0.28%)
Dover Motorsports Inc / DVD TA FAQ
What is the technical rating for DVD stock?
ChartMill assigns a technical rating of 9 / 10 to DVD.
What is the current trend direction of Dover Motorsports Inc (DVD) stock?
The current trend direction for Dover Motorsports Inc (DVD) is Bullish.
What is the RSI signal for DVD stock?
Dover Motorsports Inc (DVD) has an RSI value of 77.1001. This indicates that the stock is currently overbought.
What is the buy/sell signal for Dover Motorsports Inc (DVD) stock?
The buy/sell signal for Dover Motorsports Inc (DVD) is buy as both the short term and long term trends are positive.
What is the support and resistance level for DVD stock?
Dover Motorsports Inc (DVD) has a support level at 3.6 and a resistance level at 3.63. Check the full technical report for our detailed analysis of DVD support and resistance levels.