DYCOM INDUSTRIES INC (DY) Technical Analysis
NYSE:DY • US2674751019
Current stock price
DY Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to DY. 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!
- When comparing the yearly performance of all stocks, we notice that DY is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by DY over the past year are nicely spread over this period.
- DY is part of the Construction & Engineering industry. There are 55 other stocks in this industry. DY outperforms 77% of them.
- 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 - 401.80 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
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
DY Support and Resistance Analysis
327.49
We found 3 important support areas.
- Support @352.17 from a trend line in the weekly time frame.
- A support zone ranging from 336.37 to 338.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @330.80 from a trend line in the daily time frame.
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 | 93.9 | POSITIVE | DY has a high relative strength, it outperformed 93.9% 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) | 61.96 | NEUTRAL | The RSI value for DY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 7.18 | POSITIVE | The MACD value suggests DY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.23 | OVERBOUGHT | The high Stochastics value suggests DY may be overbought. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for DY suggests some volalility. |
| Average Directional Index/ADX (14) | 27.95 | 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
395
+2.75 (+0.7%)
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 61.9627. 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 7.17707, 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.