DOUGLAS DYNAMICS INC (PLOW) Technical Analysis
NYSE:PLOW • US25960R1059
Current stock price
41.91 USD
-0.95 (-2.22%)
At close:
41.91 USD
0 (0%)
After Hours:
PLOW Technical Rating and Analysis
Taking everything into account, PLOW scores 9 out of 10 in our technical rating. In the last year, PLOW 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.
- When comparing the yearly performance of all stocks, we notice that PLOW is one of the better performing stocks in the market, outperforming 90% of all 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 is also trading in the upper part of its 52 week range, so PLOW is performing more or less in line with the market.
- In the last month PLOW has a been trading in the 40.06 - 44.49 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.
PLOW Weekly and Daily overview Charts
PLOW Setup Rating and Analysis
PLOW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
PLOW Support and Resistance Analysis
23.21
47.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 41.67 to 41.80. 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 40.10 to 40.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.67 from a trend line in the daily time frame.
- Support @23.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @46.90 from a horizontal line in the daily time frame.
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 | 90.65 | POSITIVE | PLOW has a high relative strength, it outperformed 90.65% 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) | 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) | 49.24 | NEUTRAL | The RSI value for PLOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PLOW has a negative trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for PLOW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for PLOW suggests some volalility. |
| Average Directional Index/ADX (14) | 21.95 | NEUTRAL | The ADX value for PLOW suggests a possible start of a new trend. |
PLOW Chart- and CandleStick Pattern Analysis
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)
PLOW Example Setup
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 |
|---|---|---|---|
| 43.41 | 41.66 | 1.75 (4.03%) | 24.81% |
| An entry @43.41. This is a Buy Stop order right above the 10 day high. | An exit @41.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.75 points, which is 4.03%. | For a 1.00% total portfolio risk, you can invest 24.81% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PLOW. Please evaluate whether better entry and exit points can be found.
- 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.
PLOW Technicals: Chart, Performance Metrics, Trend & Indicators
41.91
-0.95 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.22%
1 Week-1.27%
2 Weeks2.37%
1 Month-6.45%
3 Month27.04%
6 Month33.64%
12 Month87.01%
2 Year85.11%
3 Year42.99%
5 Year-6.3%
10 Year82.93%
15 Year170.56%
Volatility
ATR(14)1.19
ATR(20)%3.06%
ATR Inc1.37%
Range Today0.93
ADR(20)1.12
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.65
3 months CRS93.29
6 months CRS92.3
Mansfield2.65
10 Day High43.4
10 Day Low40.06
20 Day High44.5
20 Day Low40.06
52 Week High47.16
52 Week Low21.3
CS1 End41.8
CR1 Start46.9
Volume & EV
DER(3)-4.38%
DER(5)-3.6%
Volume78.80K
Volume Incr-31.08%
Vol(5)174.44K
Vol(50)244.93K
DOUGLAS DYNAMICS INC / PLOW TA FAQ
Can you provide the ChartMill technical rating for DOUGLAS DYNAMICS INC?
ChartMill assigns a technical rating of 9 / 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 49.2446. 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.