DSP Group Inc (DSPG) Stock Technical Analysis
NASDAQ:DSPG - Nasdaq - Common Stock
Taking everything into account, DSPG scores 7 out of 10 in our technical rating. Although DSPG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
DSPG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, DSPG turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
DSPG is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry, DSPG did better than 66% of them.
In the last month DSPG has a been trading in a tight range between 21.91 and 22.00.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, DSPG also presents 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 21.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.86
22.21
We found 4 important support areas.
- A support zone ranging from 21.74 to 21.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.46 from a trend line in the weekly time frame.
- Support @14.71 from a trend line in the daily time frame.
- Support @14.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.99 to 21.99. 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
CRS69.99
Mansfield1.68
10 Day High22
10 Day Low21.95
20 Day High22
20 Day Low21.91
52 Week High22
52 Week Low13.42
Performance
1 Week0.05%
2 Weeks0.14%
1 Month0.27%
3 Month0.46%
6 Month37.46%
12 Month27.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)-0.02
RSI(14)66.76
LBB21.94
UBB21.99
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 |
|---|---|---|---|
| 22.00 | 21.94 | 0.06 (0.27%) | 25.00% |
| An entry @22.00. This is a Buy Stop order right above the resistance zone. | An exit @21.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 0.27%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.07%. |
- 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.
21.98
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.05%
1 Week0.05%
2 Weeks0.14%
1 Month0.27%
3 Month0.46%
6 Month37.46%
12 Month27.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.14%
ATR Inc-39.13%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.99
Mansfield1.68
10 Day High22
10 Day Low21.95
20 Day High22
20 Day Low21.91
52 Week High22
52 Week Low13.42
CS1 End21.97
CR1 Start21.99
Volume & EV
DER(3)0.41%
DER(5)-2.25%
Volume408.20K
Volume Incr296.94%
Vol(5)596.78K
Vol(50)257.27K