DAWSON GEOPHYSICAL CO (DWSN) Stock Technical Analysis
NASDAQ:DWSN - Nasdaq - US2393601008 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to DWSN. DWSN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, DWSN is a bad performer in the overall market: 80% of all stocks are doing better.
DWSN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month DWSN has a been trading in the 1.26 - 5.54 range, which is quite wide. It is currently trading near the lows of this range.
DWSN has an average volume of 1354690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
DWSN is an average performer in the Energy Equipment & Services industry, it outperforms 42% of 62 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
DWSN has a poor technical rating and the quality of the setup is also not perfect 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
1.22
2.07
3 important support areas can be observed.
- Support @1.33 from a horizontal line in the daily time frame.
- A support zone ranging from 1.30 to 1.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.23 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.37 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.05 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for DWSN is down. |
| ChartMill Relative Strength | 20.18 | NEGATIVE | DWSN has a low relative strength, it was outperformed by 79.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DWSN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DWSN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DWSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.1 | NEUTRAL | The RSI value for DWSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DWSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.85 | OVERSOLD | The low Stochastics value suggests DWSN may be oversold. |
| Average True Range in percent/ATR (20) | 31.34 | HIGH VOLATILITY | The high ATR as a percentage value for DWSN suggests high volalility. |
| Average Directional Index/ADX (14) | 41.7 | 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)
1.37
-0.06 (-4.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-4.2%
1 Week-2.14%
2 Weeks-22.6%
1 Month3.79%
3 Month19.13%
6 Month0.74%
12 Month-26.74%
2 Year-24.31%
3 Year-9.87%
5 Year-23.89%
10 Year-66.83%
15 Year-94.12%
Volatility
ATR(14)0.17
ATR(20)%31.34%
ATR Inc-6.42%
Range Today0.14
ADR(20)0.35
ADR(20)%25.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.18
Mansfield-1.49
10 Day High1.69
10 Day Low1.31
20 Day High5.54
20 Day Low1.26
52 Week High5.54
52 Week Low1.08
CS1 End1.33
CR1 Start1.37
Volume & EV
DER(3)-0.23%
DER(5)-2.24%
Volume212.80K
Volume Incr-93.23%
Vol(5)224.96K
Vol(50)1.35M