DYCOM INDUSTRIES INC (DY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DY - US2674751019 - Common Stock
Overall DY gets a technical rating of 10 out of 10. 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.
Although DY has an excellent technical rating, it does not present a decent entry opportunity 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
134.20
We found 4 important support areas.
- A support zone ranging from 291.09 to 295.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @284.33 from a horizontal line in the daily time frame.
- Support @261.12 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 | 95.4 | POSITIVE | DY has a high relative strength, it outperformed 95.4% 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) | 77.64 | OVERBOUGHT | The high RSI value suggests DY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.43 | POSITIVE | The MACD value suggests DY has a positive trend. |
| Stochastics (14,3) | 91.78 | OVERBOUGHT | The high Stochastics value suggests DY may be overbought. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for DY suggests some volalility. |
| Average Directional Index/ADX (14) | 25.07 | POSITIVE | The high ADX value value for DY suggests a strong trend. |
354.96
+6.52 (+1.87%)
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 77.6394. This indicates that the stock is currently overbought.
Can you provide the MACD signal for DYCOM INDUSTRIES INC?
The MACD indicator for DYCOM INDUSTRIES INC (DY) has a value of 6.43277, indicating a bullish trend.
What is the short term momentum for DY stock?
The short term momentum for DYCOM INDUSTRIES INC (DY) is positive.