AMCON DISTRIBUTING CO (DIT) Stock Technical Analysis
NYSEARCA:DIT - American Stock Exchange - US02341Q2057 - Common Stock
We assign a technical rating of 0 out of 10 to DIT. DIT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DIT is a bad performer in the overall market: 89% of all stocks are doing better.
DIT is part of the Distributors industry. There are 15 other stocks in this industry, of which 71% are performing better than DIT.
DIT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month DIT has a been trading in the 120.33 - 144.65 range, which is quite wide. It is currently trading near the lows of this range.
Warning: DIT has an average volume of 244 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DIT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
118.62
150.93
We found 1 important support area.
- A support zone ranging from 119.82 to 120.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 130.38 to 132.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 136.30 to 136.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 139.23 to 140.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @143.93 from a trend line in the weekly time frame.
- Resistance @149.44 from a horizontal 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
CRS11.1
Mansfield-2.89
10 Day High140
10 Day Low120.33
20 Day High144.65
20 Day Low120.33
52 Week High205
52 Week Low118.25
Performance
1 Week-4.2%
2 Weeks-6.42%
1 Month-7.42%
3 Month-10.85%
6 Month-21.85%
12 Month-38.6%
2 Year-31.81%
3 Year-23.12%
5 Year54.34%
10 Year50.44%
15 Year121.84%
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)-0.77
RSI(14)40.06
LBB121.3
UBB135.49
AMCON DISTRIBUTING CO
NYSEARCA:DIT (1/21/2025, 8:04:00 PM)
120.35
-5.78 (-4.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-4.58%
1 Week-4.2%
2 Weeks-6.42%
1 Month-7.42%
3 Month-10.85%
6 Month-21.85%
12 Month-38.6%
2 Year-31.81%
3 Year-23.12%
5 Year54.34%
10 Year50.44%
15 Year121.84%
Volatility
ATR(14)8.11
ATR(20)%6.32%
ATR Inc-26.57%
Range Today7.67
ADR(20)5.92
ADR(20)%4.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.1
Mansfield-2.89
10 Day High140
10 Day Low120.33
20 Day High144.65
20 Day Low120.33
52 Week High205
52 Week Low118.25
CS1 End120.34
CR1 Start130.38
Volume & EV
DER(3)-10.67%
DER(5)-6.4%
Volume200
Volume Incr-56.92%
Vol(5)140
Vol(50)244.8