DAWSON GEOPHYSICAL CO (DWSN) Stock Technical Analysis
USA - NASDAQ:DWSN - US2393601008 - Common Stock
1.72 USD
+0.09 (+5.52%)
1.61 USD
-0.11 (-6.4%)
We assign a technical rating of 7 out of 10 to DWSN. Although DWSN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
77% of all other stocks performed better in the past year than DWSN.
DWSN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
In the last month DWSN has a been trading in the 1.45 - 1.73 range, which is quite wide. It is currently trading near the high of this range.
DWSN is an average performer in the Energy Equipment & Services industry, it outperforms 50% of 61 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DWSN has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.30
1.74
2 important support areas can be observed.
- A support zone ranging from 1.56 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.31 to 1.37. 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 DWSN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DWSN is up. |
| ChartMill Relative Strength | 23.29 | NEGATIVE | DWSN has a low relative strength, it was outperformed by 76.71% 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) | UP | POSITIVE | The current price of DWSN is above the rising 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) | 65.74 | NEUTRAL | The RSI value for DWSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DWSN has a positive trend. |
| Stochastics (14,3) | 66.93 | NEUTRAL | The Stochastics value for DWSN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for DWSN suggests high volalility. |
| Average Directional Index/ADX (14) | 45.69 | POSITIVE | The high ADX value value for DWSN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 1.74 | 1.55 | 0.19 (10.92%) | 9.16% |
| An entry @1.74. This is a Buy Stop order right above the 10 day high. | An exit @1.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 10.92%. | When investing 9.16% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
1.72
+0.09 (+5.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg5.52%
1 Week8.52%
2 Weeks6.74%
1 Month18.62%
3 Month-16.5%
6 Month17.81%
12 Month9.55%
2 Year-25.86%
3 Year8.18%
5 Year-2.27%
10 Year-54.86%
15 Year-93.55%
Volatility
ATR(14)0.08
ATR(20)%5.27%
ATR Inc14.5%
Range Today0.12
ADR(20)0.09
ADR(20)%5.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.29
Mansfield0.64
10 Day High1.73
10 Day Low1.52
20 Day High1.73
20 Day Low1.45
52 Week High5.54
52 Week Low1.08
CS1 End1.61
CR1 StartN/A
Volume & EV
DER(3)-5.47%
DER(5)-1.83%
Volume85.00K
Volume Incr-17.35%
Vol(5)49.04K
Vol(50)83.47K