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.