DOUGLAS DYNAMICS INC (PLOW) Technical Analysis
NYSE:PLOW • US25960R1059
Current stock price
PLOW Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to PLOW. Both in the recent history as in the last year, PLOW has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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.
- Looking at the yearly performance, PLOW did better than 90% of all other stocks. We also observe that the gains produced by PLOW over the past year are nicely spread over this period.
- PLOW is part of the Machinery industry. There are 131 other stocks in this industry. PLOW outperforms 90% of them.
- PLOW 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 PLOW is lagging the market slightly.
- In the last month PLOW has a been trading in the 41.45 - 48.47 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
PLOW Weekly and Daily overview Charts
PLOW Setup Rating and Analysis
Although PLOW 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
PLOW Support and Resistance Analysis
29.40
6 important support areas can be observed.
- A support zone ranging from 44.02 to 44.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 42.94 to 43.29. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 40.48 to 40.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.63 from a trend line in the weekly time frame.
- Support @32.12 from a trend line in the daily time frame.
- Support @29.70 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.46 to 46.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
PLOW 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 PLOW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLOW is neutral. |
| ChartMill Relative Strength | 90.69 | POSITIVE | PLOW has a high relative strength, it outperformed 90.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLOW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLOW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLOW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.43 | NEUTRAL | The RSI value for PLOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests PLOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.03 | NEUTRAL | The Stochastics value for PLOW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for PLOW suggests some volalility. |
| Average Directional Index/ADX (14) | 27.88 | POSITIVE | The high ADX value value for PLOW suggests a strong trend. |
PLOW Chart- and CandleStick Pattern Analysis
PLOW Technicals: Chart, Performance Metrics, Trend & Indicators
46.12
-0.01 (-0.02%)
DOUGLAS DYNAMICS INC / PLOW TA FAQ
Can you provide the ChartMill technical rating for DOUGLAS DYNAMICS INC?
ChartMill assigns a technical rating of 10 / 10 to PLOW.
What is the current trend direction of DOUGLAS DYNAMICS INC (PLOW) stock?
The current trend direction for DOUGLAS DYNAMICS INC (PLOW) is Bullish.
Can you provide the RSI signal for DOUGLAS DYNAMICS INC?
DOUGLAS DYNAMICS INC (PLOW) has an RSI value of 57.434. This indicates that the stock is currently neutral.
What is the short term momentum for PLOW stock?
The short term momentum for DOUGLAS DYNAMICS INC (PLOW) is neutral.