DYCOM INDUSTRIES INC (DY) Technical Analysis
NYSE:DY • US2674751019
Current stock price
DY Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to DY. DY was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month DY has a been trading in the 329.66 - 433.40 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that DY is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by DY over the past year are nicely spread over this period.
- DY is one of the better performing stocks in the Construction & Engineering industry, it outperforms 80% of 56 stocks in the same industry.
- DY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DY is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
DY Weekly and Daily overview Charts
DY Setup Rating and Analysis
DY has an average technical rating and also 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
DY Support and Resistance Analysis
333.01
When analyzing the support we notice one important area.
- A support zone ranging from 336.37 to 336.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 361.44 to 363.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DY 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 DY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DY is down. |
| ChartMill Relative Strength | 94.57 | POSITIVE | DY has a high relative strength, it outperformed 94.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DY is below 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) | 40.75 | NEUTRAL | The RSI value for DY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.73 | NEGATIVE | The MACD value suggests DY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.14 | NEUTRAL | The Stochastics value for DY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for DY suggests high volalility. |
| Average Directional Index/ADX (14) | 30.77 | POSITIVE | The high ADX value value for DY suggests a strong trend. |
DY Chart- and CandleStick Pattern Analysis
DY Technicals: Chart, Performance Metrics, Trend & Indicators
353.52
+2.89 (+0.82%)
DYCOM INDUSTRIES INC / DY TA FAQ
What is the ChartMill technical rating of DYCOM INDUSTRIES INC (DY) stock?
ChartMill assigns a technical rating of 6 / 10 to DY.
What is the current trend direction of DYCOM INDUSTRIES INC (DY) stock?
The current trend direction for DYCOM INDUSTRIES INC (DY) is Bullish.
What is the RSI signal for DYCOM INDUSTRIES INC (DY) stock?
DYCOM INDUSTRIES INC (DY) has an RSI value of 40.7497. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DYCOM INDUSTRIES INC?
The MACD indicator for DYCOM INDUSTRIES INC (DY) has a value of -2.73063, indicating a bearish trend.
What is the short term momentum for DYCOM INDUSTRIES INC (DY) stock?
The short term momentum for DYCOM INDUSTRIES INC (DY) is negative.