DAWSON GEOPHYSICAL CO (DWSN) Technical Analysis
NASDAQ:DWSN • US2393601008
Current stock price
2.65 USD
+0.06 (+2.32%)
At close:
2.7452 USD
+0.1 (+3.59%)
Pre-Market:
DWSN Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to DWSN. In the last year, DWSN was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month DWSN has a been trading in the 2.06 - 4.95 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that DWSN is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by DWSN over the past year are nicely spread over this period.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- DWSN is an average performer in the Energy Equipment & Services industry, it outperforms 66% of 61 stocks in the same industry.
- DWSN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DWSN is lagging the market.
- Considerably lower volume is observed in the last couple of days.
DWSN Weekly and Daily overview Charts
DWSN Setup Rating and Analysis
Besides having an excellent technical rating, DWSN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
DWSN Support and Resistance Analysis
1.54
2.68
We found 5 important support areas.
- Support @2.58 from a horizontal line in the daily time frame.
- A support zone ranging from 2.38 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.27 from a trend line in the daily time frame.
- Support @1.87 from a trend line in the weekly time frame.
- Support @1.56 from a horizontal line in the daily time frame.
DWSN 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 DWSN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DWSN is down. |
| ChartMill Relative Strength | 93.42 | POSITIVE | DWSN has a high relative strength, it outperformed 93.42% off all stocks 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) | UP | MIXED | The current price of DWSN is below 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) | 44.51 | NEUTRAL | The RSI value for DWSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DWSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.02 | NEUTRAL | The Stochastics value for DWSN is a neutral value. |
| Average True Range in percent/ATR (20) | 19.65 | HIGH VOLATILITY | The high ATR as a percentage value for DWSN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.83 | POSITIVE | The high ADX value value for DWSN suggests a strong trend. |
DWSN Chart- and CandleStick Pattern Analysis
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)
DWSN Technicals: Chart, Performance Metrics, Trend & Indicators
2.65
+0.06 (+2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.32%
1 Week-9.56%
2 Weeks-18.46%
1 Month-40.05%
3 Month29.27%
6 Month58.68%
12 Month119.01%
2 Year67.33%
3 Year38.74%
5 Year15.22%
10 Year-48.34%
15 Year-94.05%
Volatility
ATR(14)0.44
ATR(20)%19.65%
ATR Inc-62.8%
Range Today0.11
ADR(20)0.51
ADR(20)%19.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.42
3 months CRS94.84
6 months CRS95.38
Mansfield3.04
10 Day High3.49
10 Day Low2.51
20 Day High4.95
20 Day Low2.06
52 Week High5.54
52 Week Low1.08
CS1 End2.58
CR1 StartN/A
Volume & EV
DER(3)-13.89%
DER(5)-5.5%
Volume52.90K
Volume Incr-70.81%
Vol(5)91.12K
Vol(50)183.12K
DAWSON GEOPHYSICAL CO / DWSN TA FAQ
What is the ChartMill technical rating of DAWSON GEOPHYSICAL CO (DWSN) stock?
ChartMill assigns a technical rating of 7 / 10 to DWSN.
What is the current trend direction of DAWSON GEOPHYSICAL CO (DWSN) stock?
The current trend direction for DAWSON GEOPHYSICAL CO (DWSN) is Bullish.
Can you provide the RSI signal for DAWSON GEOPHYSICAL CO?
DAWSON GEOPHYSICAL CO (DWSN) has an RSI value of 44.5063. This indicates that the stock is currently neutral.
What is the buy/sell signal for DAWSON GEOPHYSICAL CO (DWSN) stock?
The buy/sell signal for DAWSON GEOPHYSICAL CO (DWSN) is hold as the short term and long term trends are mixed.
What is the support and resistance level for DWSN stock?
DAWSON GEOPHYSICAL CO (DWSN) has a support level at 2.58. Check the full technical report for our detailed analysis of DWSN support and resistance levels.