DYCOM INDUSTRIES INC (DY) Stock Technical Analysis
NYSE:DY - New York Stock Exchange, Inc. - US2674751019 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to DY. 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.
Both the short term and long term trends are positive. This is a very positive sign.
DY is part of the Construction & Engineering industry. There are 49 other stocks in this industry. DY outperforms 81% of them.
DY is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DY has a been trading in the 230.00 - 258.02 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that DY is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
DY has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
134.20
259.16
3 important support areas can be observed.
- A support zone ranging from 226.55 to 233.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @150.38 from a trend line in the weekly time frame.
- Support @135.56 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 256.59 to 256.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 92.46 | POSITIVE | DY has a high relative strength, it outperformed 92.46% 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) | 71.98 | OVERBOUGHT | The high RSI value suggests DY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests DY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 90.13 | OVERBOUGHT | The high Stochastics value suggests DY may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for DY suggests low volalility. |
| Average Directional Index/ADX (14) | 48.32 | 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)
256.58
+0.23 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.09%
1 Week1.66%
2 Weeks2.52%
1 Month10.2%
3 Month66.06%
6 Month34.66%
12 Month46.73%
2 Year157.66%
3 Year148.72%
5 Year499.07%
10 Year288.4%
15 Year2735.14%
Volatility
ATR(14)5.13
ATR(20)%1.97%
ATR Inc-35.66%
Range Today2.36
ADR(20)4.98
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.46
Mansfield2.57
10 Day High258.02
10 Day Low244.56
20 Day High258.02
20 Day Low230
52 Week High258.02
52 Week Low131.37
CS1 End233.14
CR1 Start256.59
Volume & EV
DER(3)-0.71%
DER(5)-0.29%
Volume287.00K
Volume Incr-29.98%
Vol(5)225.38K
Vol(50)376.22K