DYCOM INDUSTRIES INC (DY) Technical Analysis
NYSE:DY • US2674751019
Current stock price
DY Technical Rating and Analysis
Overall DY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, DY did better than 94% of all other stocks. On top of that, DY also shows a nice and consistent pattern of rising prices.
- DY is one of the better performing stocks in the Construction & Engineering industry, it outperforms 74% of 55 stocks in the same industry.
- DY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DY is lagging the market slightly.
- In the last month DY has a been trading in the 323.79 - 418.44 range, which is quite wide. It is currently trading near the high of this range.
DY Weekly and Daily overview Charts
DY Setup Rating and Analysis
Besides having an excellent technical rating, DY also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 429.74. Right above this resistance zone may be a good entry point.
More info and screens
DY Support and Resistance Analysis
330.21
We found 3 important support areas.
- Support @392.24 from a horizontal line in the daily time frame.
- Support @356.12 from a trend line in the weekly time frame.
- A support zone ranging from 333.55 to 338.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 429.74 to 429.74. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for DY is up. |
| ChartMill Relative Strength | 94.05 | POSITIVE | DY has a high relative strength, it outperformed 94.05% 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) | DOWN | MIXED | The current price of DY is above a declining 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) | 64.71 | NEUTRAL | The RSI value for DY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.97 | POSITIVE | The MACD value suggests DY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.27 | OVERBOUGHT | The high Stochastics value suggests DY may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for DY suggests some volalility. |
| Average Directional Index/ADX (14) | 29.08 | POSITIVE | The high ADX value value for DY suggests a strong trend. |
DY Chart- and CandleStick Pattern Analysis
DY Example Setup
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 |
|---|---|---|---|
| 429.75 | 392.23 | 37.52 (8.73%) | 11.45% |
| An entry @429.75. This is a Buy Stop order right above the resistance zone. | An exit @392.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 37.52 points, which is 8.73%. | When investing 11.45% 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.
DY Technicals: Chart, Performance Metrics, Trend & Indicators
408.05
+3.24 (+0.8%)
DYCOM INDUSTRIES INC / DY TA FAQ
What is the ChartMill technical rating of DYCOM INDUSTRIES INC (DY) stock?
ChartMill assigns a technical rating of 10 / 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.
Can you provide the RSI signal for DYCOM INDUSTRIES INC?
DYCOM INDUSTRIES INC (DY) has an RSI value of 64.7086. 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 4.97382, indicating a bullish trend.
What is the buy/sell signal for DY stock?
The buy/sell signal for DYCOM INDUSTRIES INC (DY) is buy as both the short term and long term trends are positive.