DMC GLOBAL INC (BOOM) Stock Technical Analysis
NASDAQ:BOOM - Nasdaq - US23291C1036 - Common Stock - Currency: USD
Overall BOOM gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BOOM was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than BOOM.
BOOM is part of the Energy Equipment & Services industry. There are 59 other stocks in this industry, of which 65% are performing better than BOOM.
BOOM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month BOOM has a been trading in the 7.61 - 9.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BOOM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.08, a Stop Loss order could be placed below this zone.
More info and screens
7.85
11.63
When analyzing the support we notice one important area.
- A support zone ranging from 7.93 to 8.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.61 to 8.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.96 to 9.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.51 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.7
Mansfield-3.31
10 Day High9.92
10 Day Low7.61
20 Day High9.92
20 Day Low7.61
52 Week High19.72
52 Week Low6.65
Performance
1 Week-2.71%
2 Weeks-2.25%
1 Month4.3%
3 Month3%
6 Month-24.59%
12 Month-51.84%
2 Year-62.45%
3 Year-72.95%
5 Year-64.15%
10 Year-35.4%
15 Year-47.18%
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)49
LBB7.93
UBB9.05
8.25
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0%
1 Week-2.71%
2 Weeks-2.25%
1 Month4.3%
3 Month3%
6 Month-24.59%
12 Month-51.84%
2 Year-62.45%
3 Year-72.95%
5 Year-64.15%
10 Year-35.4%
15 Year-47.18%
Volatility
ATR(14)0.53
ATR(20)%6.53%
ATR Inc-36.16%
Range Today0.34
ADR(20)0.48
ADR(20)%5.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.7
Mansfield-3.31
10 Day High9.92
10 Day Low7.61
20 Day High9.92
20 Day Low7.61
52 Week High19.72
52 Week Low6.65
CS1 End8.08
CR1 Start8.61
Volume & EV
DER(3)-2.93%
DER(5)-1.83%
Volume99.90K
Volume Incr-23.07%
Vol(5)196.08K
Vol(50)218.98K