DYCOM INDUSTRIES INC (DY) Stock Technical Analysis
USA - NYSE:DY - US2674751019 - Common Stock
257.84 USD
-0.99 (-0.38%)
257.84 USD
0 (0%)
Taking everything into account, DY scores 6 out of 10 in our technical rating. In the last year, DY was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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.
Looking at the yearly performance, DY did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
DY is an average performer in the Construction & Engineering industry, it outperforms 62% of 52 stocks in the same industry.
In the last month DY has a been trading in the 233.00 - 275.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
134.20
260.42
We found 3 important support areas.
- A support zone ranging from 245.30 to 257.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @156.47 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for DY is neutral. |
| ChartMill Relative Strength | 82.51 | POSITIVE | DY has a high relative strength, it outperformed 82.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DY is above 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) | 50.41 | NEUTRAL | The RSI value for DY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests DY has a positive trend. |
| Stochastics (14,3) | 73.44 | NEUTRAL | The Stochastics value for DY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for DY suggests some volalility. |
| Average Directional Index/ADX (14) | 26.58 | POSITIVE | The high ADX value value for DY suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 263.41 | 245.29 | 18.12 (6.88%) | 14.54% |
| An entry @263.41. This is a Buy Stop order right above the 10 day high. | An exit @245.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 18.12 points, which is 6.88%. | For a 1.00% total portfolio risk, you can invest 14.54% of your capital in this trade. |
- 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.
257.84
-0.99 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.38%
1 Week3.83%
2 Weeks0.53%
1 Month-3.78%
3 Month10.59%
6 Month65.74%
12 Month39.57%
2 Year189.71%
3 Year169.91%
5 Year388.15%
10 Year256.33%
15 Year2480.98%
Volatility
ATR(14)6.73
ATR(20)%3.24%
ATR Inc-21.37%
Range Today5.07
ADR(20)7.3
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.51
Mansfield1.61
10 Day High263.4
10 Day Low242.55
20 Day High275.01
20 Day Low233
52 Week High285.64
52 Week Low131.37
CS1 End257.04
CR1 StartN/A
Volume & EV
DER(3)1.78%
DER(5)1.06%
Volume276.50K
Volume Incr-29.72%
Vol(5)349.98K
Vol(50)356.46K