Taking everything into account, DWSN scores 7 out of 10 in our technical rating. DWSN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although DWSN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.45
We found 4 important support 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 | NEUTRAL | NEUTRAL | The long term trend for DWSN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DWSN is up. |
| ChartMill Relative Strength | 87.6 | POSITIVE | DWSN has a high relative strength, it outperformed 87.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DWSN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DWSN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DWSN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.75 | NEUTRAL | The RSI value for DWSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DWSN has a positive trend. |
| Stochastics (14,3) | 79.66 | NEUTRAL | The Stochastics value for DWSN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for DWSN suggests high volalility. |
| Average Directional Index/ADX (14) | 20.28 | NEUTRAL | The ADX value for DWSN suggests a possible start of a new trend. |
1.97
+0.19 (+10.67%)
ChartMill assigns a technical rating of 7 / 10 to DWSN.
The current trend direction for DAWSON GEOPHYSICAL CO (DWSN) is Bearish.
DAWSON GEOPHYSICAL CO (DWSN) has an RSI value of 63.7545. This indicates that the stock is currently neutral.
The MACD indicator for DAWSON GEOPHYSICAL CO (DWSN) has a value of 0.0366655, indicating a bearish trend.
The short term momentum for DAWSON GEOPHYSICAL CO (DWSN) is positive.