DYCOM INDUSTRIES INC (DY) Stock Technical Analysis
NYSE:DY - New York Stock Exchange, Inc. - US2674751019 - Common Stock - Currency: USD
Taking everything into account, DY scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DY is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
DY is part of the Construction & Engineering industry. There are 51 other stocks in this industry. DY outperforms 84% of them.
DY is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DY is leading the market.
In the last month DY has a been trading in the 162.30 - 228.66 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, DY did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DY 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.
More info and screens
134.20
227.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 190.35 to 192.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @144.29 from a trend line in the weekly time frame.
- A support zone ranging from 135.56 to 136.75. 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 DY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DY is up. |
| ChartMill Relative Strength | 92.02 | POSITIVE | DY has a high relative strength, it outperformed 92.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.15 | OVERBOUGHT | The high RSI value suggests DY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.4 | POSITIVE | The MACD value suggests DY has a positive trend. |
| Stochastics (14,3) | 91.6 | OVERBOUGHT | The high Stochastics value suggests DY may be overbought. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for DY suggests some volalility. |
| Average Directional Index/ADX (14) | 42.89 | POSITIVE | The high ADX value value for DY 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)
225.2
+0.99 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.44%
1 Week15.59%
2 Weeks19.51%
1 Month36.32%
3 Month31.32%
6 Month24.9%
12 Month25.3%
2 Year122.03%
3 Year141.86%
5 Year434.92%
10 Year291.11%
15 Year2179.35%
Volatility
ATR(14)7.75
ATR(20)%3.25%
ATR Inc5%
Range Today7.44
ADR(20)6.06
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.02
Mansfield2.41
10 Day High228.66
10 Day Low186.42
20 Day High228.66
20 Day Low162.3
52 Week High228.66
52 Week Low131.37
CS1 End192.09
CR1 StartN/A
Volume & EV
DER(3)2.03%
DER(5)2.11%
Volume793.20K
Volume Incr140.47%
Vol(5)835.18K
Vol(50)447.42K