DNOW INC (DNOW) Stock Technical Analysis
NYSE:DNOW - New York Stock Exchange, Inc. - US67011P1003 - Common Stock - Currency: USD
Overall DNOW gets a technical rating of 6 out of 10. In the last year, DNOW 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.
DNOW is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. DNOW outperforms 85% of them.
DNOW has an average volume of 1233500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that DNOW is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
DNOW is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so DNOW is still doing slightly better than the market.
In the last month DNOW has a been trading in the 13.83 - 17.48 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 only medium, DNOW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
12.72
17.77
When analyzing the support we can see 4 important areas.
- Support @14.77 from a horizontal line in the weekly time frame.
- A support zone ranging from 14.46 to 14.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.05 to 14.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.43 to 17.59. 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
CRS87.88
Mansfield2.13
10 Day High16.19
10 Day Low13.83
20 Day High17.48
20 Day Low13.83
52 Week High18.45
52 Week Low11.42
Performance
1 Week5.17%
2 Weeks-1.06%
1 Month-2.82%
3 Month15.67%
6 Month27.68%
12 Month8.33%
2 Year48.73%
3 Year45.6%
5 Year157.21%
10 Year-33.6%
15 YearN/A
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)-0.05
RSI(14)51.78
LBB13.75
UBB17.57
15.22
-0.65 (-4.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-4.1%
1 Week5.17%
2 Weeks-1.06%
1 Month-2.82%
3 Month15.67%
6 Month27.68%
12 Month8.33%
2 Year48.73%
3 Year45.6%
5 Year157.21%
10 Year-33.6%
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%5.19%
ATR Inc-34.91%
Range Today0.56
ADR(20)0.73
ADR(20)%4.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.88
Mansfield2.13
10 Day High16.19
10 Day Low13.83
20 Day High17.48
20 Day Low13.83
52 Week High18.45
52 Week Low11.42
CS1 End14.77
CR1 Start17.43
Volume & EV
DER(3)-1.69%
DER(5)-2.98%
Volume1.08M
Volume Incr22.02%
Vol(5)1.63M
Vol(50)1.23M