AMCON DISTRIBUTING CO (DIT) Stock Technical Analysis
NYSEARCA:DIT - NYSE Arca - US02341Q2057 - Common Stock - Currency: USD
Overall DIT gets a technical rating of 3 out of 10. In the past year, DIT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, DIT is a bad performer in the overall market: 78% of all stocks are doing better.
DIT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: DIT has an average volume of 380 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
DIT is an average performer in the Distributors industry, it outperforms 42% of 15 stocks in the same industry.
In the last month DIT has a been trading in the 117.00 - 156.99 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, DIT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 137.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DIT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
118.84
150.93
When analyzing the support we can see 4 important areas.
- A support zone ranging from 136.30 to 137.25. 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 128.98 to 132.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 124.82 to 124.83. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @120.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @141.31 from a trend line in the weekly time frame.
- A resistance zone ranging from 146.80 to 149.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.59
Mansfield-1.38
10 Day High156.99
10 Day Low123.82
20 Day High156.99
20 Day Low117
52 Week High201.49
52 Week Low117
Performance
1 Week5.34%
2 Weeks7.09%
1 Month5.33%
3 Month10.27%
6 Month-3.44%
12 Month-30.97%
2 Year-15.73%
3 Year-15.3%
5 Year89.75%
10 Year74.59%
15 Year141.01%
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)1
RSI(14)53.73
LBB117.81
UBB149.74
NYSEARCA:DIT (2/21/2025, 8:14:02 PM)
137.98
-7.02 (-4.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-4.84%
1 Week5.34%
2 Weeks7.09%
1 Month5.33%
3 Month10.27%
6 Month-3.44%
12 Month-30.97%
2 Year-15.73%
3 Year-15.3%
5 Year89.75%
10 Year74.59%
15 Year141.01%
Volatility
ATR(14)11.71
ATR(20)%7.21%
ATR Inc83.08%
Range Today10.5
ADR(20)8.43
ADR(20)%6.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.59
Mansfield-1.38
10 Day High156.99
10 Day Low123.82
20 Day High156.99
20 Day Low117
52 Week High201.49
52 Week Low117
CS1 End137.25
CR1 Start141.31
Volume & EV
DER(3)4.54%
DER(5)-10.08%
Volume400
Volume Incr4.55%
Vol(5)460
Vol(50)380