DOUGLAS DYNAMICS INC (PLOW) Stock Technical Analysis
USA - NYSE:PLOW - US25960R1059 - Common Stock
30.23 USD
-0.5 (-1.63%)
30.23 USD
0 (0%)
Taking everything into account, PLOW scores 5 out of 10 in our technical rating. PLOW was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month PLOW has a been trading in the 29.68 - 32.37 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that PLOW is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, PLOW also shows a nice and consistent pattern of rising prices.
PLOW is part of the Machinery industry. There are 130 other stocks in this industry. PLOW outperforms 72% 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.
PLOW has an average technical rating and it also does not offer a high quality setup 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
21.68
34.35
4 important support areas can be observed.
- A support zone ranging from 29.75 to 29.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.19 from a trend line in the daily time frame.
- A support zone ranging from 22.96 to 23.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @21.90 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 30.30 to 30.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.82 to 31.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.88 to 31.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 33.86 to 34.01. 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 PLOW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLOW is neutral. |
| ChartMill Relative Strength | 79.29 | POSITIVE | PLOW has a high relative strength, it outperformed 79.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLOW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLOW is below a declining 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) | 40.88 | NEUTRAL | The RSI value for PLOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PLOW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.15 | NEUTRAL | The Stochastics value for PLOW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for PLOW suggests some volalility. |
| Average Directional Index/ADX (14) | 12.6 | NEGATIVE | The low ADX value for PLOW suggests a weak or negative 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)
30.23
-0.5 (-1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.63%
1 Week-5.97%
2 Weeks-0.23%
1 Month-3.6%
3 Month8.31%
6 Month23.24%
12 Month31.66%
2 Year24.51%
3 Year-10.96%
5 Year-11.37%
10 Year37.78%
15 Year109.64%
Volatility
ATR(14)0.66
ATR(20)%2.28%
ATR Inc16.94%
Range Today0.58
ADR(20)0.67
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.29
3 months CRS65.79
6 months CRS75.11
Mansfield-0.19
10 Day High32.37
10 Day Low30.15
20 Day High32.37
20 Day Low29.68
52 Week High34.25
52 Week Low21.3
CS1 End29.75
CR1 Start30.3
Volume & EV
DER(3)2.28%
DER(5)2.6%
Volume137.60K
Volume Incr29.17%
Vol(5)123.20K
Vol(50)115.87K
DOUGLAS DYNAMICS INC / PLOW FAQ
Can you provide the ChartMill technical rating for DOUGLAS DYNAMICS INC?
ChartMill assigns a technical rating of 5 / 10 to PLOW.
What is the trend direction for PLOW stock?
The current trend direction for DOUGLAS DYNAMICS INC (PLOW) is Bullish.
What is the RSI signal for DOUGLAS DYNAMICS INC (PLOW) stock?
DOUGLAS DYNAMICS INC (PLOW) has an RSI value of 40.8846. This indicates that the stock is currently neutral.
What is the MACD signal for PLOW stock?
The MACD indicator for DOUGLAS DYNAMICS INC (PLOW) has a value of 0.0203853, indicating a bearish trend.
What is the short term momentum for DOUGLAS DYNAMICS INC (PLOW) stock?
The short term momentum for DOUGLAS DYNAMICS INC (PLOW) is neutral.