DOUGLAS DYNAMICS INC (PLOW) Stock Technical Analysis
NYSE:PLOW - New York Stock Exchange, Inc. - US25960R1059 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to PLOW. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PLOW is only an average performer.
The long and short term trends are both positive. This is looking good!
PLOW is one of the better performing stocks in the Machinery industry, it outperforms 71% of 128 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that PLOW is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PLOW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLOW is lagging the market slightly.
In the last month PLOW has a been trading in the 23.50 - 29.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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
21.68
29.60
We found 2 important support areas.
- A support zone ranging from 26.70 to 26.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.90 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.88 to 29.31. 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 | UP | POSITIVE | The short term trend for PLOW is up. |
| ChartMill Relative Strength | 75.07 | POSITIVE | PLOW has a high relative strength, it outperformed 75.07% 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) | DOWN | MIXED | The current price of PLOW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.66 | NEUTRAL | The RSI value for PLOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests PLOW has a negative trend. |
| Stochastics (14,3) | 53.97 | NEUTRAL | The Stochastics value for PLOW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for PLOW suggests some volalility. |
| Average Directional Index/ADX (14) | 40.85 | POSITIVE | The high ADX value value for PLOW 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)
26.97
-0.19 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.7%
1 Week-6.61%
2 Weeks-1.03%
1 Month12.94%
3 Month4.49%
6 Month6.6%
12 Month6.77%
2 Year-4.56%
3 Year-14.16%
5 Year-26.19%
10 Year32.86%
15 Year127.6%
Volatility
ATR(14)0.86
ATR(20)%2.81%
ATR Inc-46.61%
Range Today0.28
ADR(20)0.6
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.07
Mansfield0.46
10 Day High29.49
10 Day Low26.75
20 Day High29.49
20 Day Low23.5
52 Week High30.98
52 Week Low21.3
CS1 End26.96
CR1 Start28.88
Volume & EV
DER(3)-5.79%
DER(5)-5.02%
Volume134.90K
Volume Incr-43.77%
Vol(5)152.40K
Vol(50)235.05K