Logo image of DRQ

DRIL-QUIP INC (DRQ) Stock Technical Analysis

NYSE:DRQ - New York Stock Exchange, Inc. - US2620371045 - Common Stock - Currency: USD

15.41  -0.56 (-3.51%)

After market: 15.41 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, DRQ scores 1 out of 10 in our technical rating. DRQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DRQ is a bad performer in the overall market: 89% of all stocks are doing better.
DRQ is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, of which 65% are performing better than DRQ.
DRQ is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month DRQ has a been trading in the 14.08 - 16.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DRIL-QUIP INC / DRQ Weekly stock chart
DRIL-QUIP INC / DRQ Daily stock chart
Setup Rating and Analysis

6

DRQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

Support and Resistance Analysis

15.26

20.90

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 16.00 to 16.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @17.16 from a trend line in the daily time frame.
  • Resistance @19.74 from a trend line in the weekly time frame.
  • Resistance @20.69 from a trend line in the weekly 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
CRS11.03
Mansfield-3.32
10 Day High16.58
10 Day Low15.38
20 Day High16.58
20 Day Low14.08
52 Week High30.93
52 Week Low14.07
Performance
1 Week-6.38%
2 Weeks0.13%
1 Month5.33%
3 Month-12.09%
6 Month-32.32%
12 Month-47.23%
2 Year-21.06%
3 Year-38.8%
5 Year-69.29%
10 Year-82.76%
15 Year-68.96%
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)0.07
RSI(14)43.74
LBB14.97
UBB16.64
DRIL-QUIP INC / DRQ Daily stock chart

DRIL-QUIP INC

NYSE:DRQ (9/6/2024, 8:08:58 PM)

After market: 15.41 0 (0%)

15.41

-0.56 (-3.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.51%
1 Week-6.38%
2 Weeks0.13%
1 Month5.33%
3 Month-12.09%
6 Month-32.32%
12 Month-47.23%
2 Year-21.06%
3 Year-38.8%
5 Year-69.29%
10 Year-82.76%
15 Year-68.96%
Volatility
ATR(14)0.55
ATR(20)%3.67%
ATR Inc0.86%
Range Today0.77
ADR(20)0.54
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.03
Mansfield-3.32
10 Day High16.58
10 Day Low15.38
20 Day High16.58
20 Day Low14.08
52 Week High30.93
52 Week Low14.07
CS1 EndN/A
CR1 Start16
Volume & EV
DER(3)0.68%
DER(5)2.19%
Volume403.60K
Volume Incr24.13%
Vol(5)356.70K
Vol(50)291.73K