DYCOM INDUSTRIES INC (DY) Stock Technical Analysis
USA - NYSE:DY - US2674751019 - Common Stock
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.
Although DY has an excellent technical rating, it does not offer a high quality setup 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.
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134.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 284.33 to 287.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @279.51 from a horizontal line in the daily time frame.
- Support @260.09 from a trend line in the daily time frame.
- Support @135.56 from a horizontal 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 | 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 | 94.61 | POSITIVE | DY has a high relative strength, it outperformed 94.61% 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) | 68.12 | NEUTRAL | The RSI value for DY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.37 | POSITIVE | The MACD value suggests DY has a positive trend. |
| Stochastics (14,3) | 72.32 | NEUTRAL | The Stochastics value for DY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for DY suggests some volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for DY suggests a possible start of a new trend. |
323.37
-1.92 (-0.59%)
DYCOM INDUSTRIES INC / DY FAQ
Can you provide the ChartMill technical rating for DYCOM INDUSTRIES INC?
ChartMill assigns a technical rating of 10 / 10 to DY.
What is the trend direction for 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 68.1199. 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 3.36963, indicating a bullish trend.
What is the short term momentum for DY stock?
The short term momentum for DYCOM INDUSTRIES INC (DY) is positive.