DISCOVER FINANCIAL SERVICES (DFS)

US2547091080 - Common Stock

148.8  -2.5 (-1.65%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to DFS. Both in the recent history as in the last year, DFS has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DFS did better than 91% of all other stocks. On top of that, DFS also shows a nice and consistent pattern of rising prices.
DFS is one of the better performing stocks in the Consumer Finance industry, it outperforms 72% of 51 stocks in the same industry.
DFS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DFS is leading the market.
In the last month DFS has a been trading in the 141.52 - 157.06 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.
DFS has an average volume of 1316500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DFS Weekly chart
DFS Daily chart
Setup Rating and Analysis

8

DFS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

118.21

150.29

We found 5 important support areas.

  • Support @144.87 from a trend line in the daily time frame.
  • Support @132.97 from a trend line in the weekly time frame.
  • A support zone ranging from 128.67 to 128.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 123.40 to 125.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @119.40 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.65
Mansfield1.27
10 Day High157.06
10 Day Low142.37
20 Day High157.06
20 Day Low141.52
52 Week High157.06
52 Week Low82.15
Performance
1 Week1.61%
2 Weeks1.76%
1 Month4.42%
3 Month17.21%
6 Month21%
12 Month73.55%
2 Year39.63%
3 Year40.29%
5 Year78.27%
10 Year130.82%
15 Year878.66%
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)0.11
RSI(14)58.09
LBB142.57
UBB154.68
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.

ENTRYEXITDISTANCECAPITAL
157.07144.8612.21 (7.77%)12.86%
An entry @157.07. This is a Buy Stop order right above the 10 day high.An exit @144.86. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 12.21 points, which is 7.77%.When investing 12.86% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
DFS Daily chart

DISCOVER FINANCIAL SERVICES

NYSE:DFS (11/4/2024, 2:01:29 PM)

148.8

-2.5 (-1.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.65%
1 Week1.61%
2 Weeks1.76%
1 Month4.42%
3 Month17.21%
6 Month21%
12 Month73.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.95
ATR(20)%2.86%
ATR Inc
Range Today4.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High157.06
10 Day Low142.37
20 Day High157.06
20 Day Low141.52
52 Week High157.06
52 Week Low82.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume439.75K
Volume Incr52.96%
Vol(5)1.87M
Vol(50)1.32M