We assign a technical rating of 2 out of 10 to DWSN. DWSN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, DWSN does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for DWSN in the last couple of days, which is a good sign.
1.44
We found 4 important support areas.
When analyzing the resistance we notice 2 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 | NEUTRAL | NEUTRAL | The long term trend for DWSN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DWSN is neutral. |
| ChartMill Relative Strength | 62.15 | NEUTRAL | DWSN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DWSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DWSN is below 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) | 45.63 | NEUTRAL | The RSI value for DWSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DWSN has a positive trend. |
| Stochastics (14,3) | 60.78 | NEUTRAL | The Stochastics value for DWSN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.58 | HIGH VOLATILITY | The high ATR as a percentage value for DWSN suggests high volalility. |
| Average Directional Index/ADX (14) | 23.93 | NEUTRAL | The ADX value for DWSN suggests a possible start of a new trend. |
1.68
-0.08 (-4.55%)
ChartMill assigns a technical rating of 2 / 10 to DWSN.
The current trend direction for DAWSON GEOPHYSICAL CO (DWSN) is Bearish.
DAWSON GEOPHYSICAL CO (DWSN) has an RSI value of 45.633. This indicates that the stock is currently neutral.
The MACD indicator for DAWSON GEOPHYSICAL CO (DWSN) has a value of 0.00959548, indicating a bearish trend.
The short term momentum for DAWSON GEOPHYSICAL CO (DWSN) is neutral.