DIAMONDROCK HOSPITALITY CO (DRH)
US2527843013 - REIT
We assign a technical rating of 6 out of 10 to DRH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DRH is only an average performer.
In the last month DRH has a been trading in the 9.14 - 10.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
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.
DRH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DRH is lagging the market slightly.
DRH has an average volume of 2238580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DRH outperforms 54% of them, which is more or less in line with the market.
DRH is an average performer in the Diversified REITs industry, it outperforms 60% of 130 stocks in the same industry.
DRH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DRH 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
7.98
9.95
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.10 to 9.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.73 to 8.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.56 from a horizontal line in the daily time frame.
- Support @8.41 from a trend line in the weekly time frame.
- Support @8.06 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.66 to 9.85. 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
CRS54.43
Mansfield-0.57
10 Day High9.82
10 Day Low9.15
20 Day High10
20 Day Low9.14
52 Week High10
52 Week Low7.74
Performance
1 Week2.18%
2 Weeks-3%
1 Month1.85%
3 Month4.8%
6 Month11.01%
12 Month-0.11%
2 Year14.53%
3 Year-2.39%
5 Year-15.34%
10 Year-36.92%
15 Year10.74%
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)50.64
LBB9.11
UBB9.91
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.46 | 9.14 | 0.32 (3.42%) | 25.00% |
| An entry @9.46. This is a Buy Stop order right above the 10 day moving average. | An exit @9.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.32 points, which is 3.42%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DRH. Please evaluate whether better entry and exit points can be found.
- 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.
DIAMONDROCK HOSPITALITY CO
NYSE:DRH (12/26/2024, 8:04:00 PM)
After market: 9.38 0 (0%)9.38
+0.04 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.43%
1 Week2.18%
2 Weeks-3%
1 Month1.85%
3 Month4.8%
6 Month11.01%
12 Month-0.11%
2 Year14.53%
3 Year-2.39%
5 Year-15.34%
10 Year-36.92%
15 Year10.74%
Volatility
ATR(14)0.22
ATR(20)%2.59%
ATR Inc-31.94%
Range Today0.15
ADR(20)0.23
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.43
Mansfield-0.57
10 Day High9.82
10 Day Low9.15
20 Day High10
20 Day Low9.14
52 Week High10
52 Week Low7.74
CS1 End9.19
CR1 Start9.66
Volume & EV
DER(3)3.86%
DER(5)1.66%
Volume803.14K
Volume Incr-36.14%
Vol(5)2.06M
Vol(50)2.24M