DRILLING TOOLS INTERNATIONAL (DTI) Stock Technical Analysis
NASDAQ:DTI - Nasdaq - US26205E1073 - Common Stock - Currency: USD
Taking everything into account, DTI scores 0 out of 10 in our technical rating. DTI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DTI is a bad performer in the overall market: 74% of all stocks are doing better.
DTI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
DTI is an average performer in the Energy Equipment & Services industry, it outperforms 56% of 59 stocks in the same industry.
In the last month DTI has a been trading in the 2.86 - 3.50 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 bad, DTI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.88, a Stop Loss order could be placed below this zone.
More info and screens
2.85
3.70
When analyzing the support we notice one important area.
- A support zone ranging from 2.88 to 2.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.10 to 3.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.48 from a trend line in the daily time frame.
- Resistance @3.54 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.63 to 3.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.35
Mansfield-3.3
10 Day High3.26
10 Day Low2.86
20 Day High3.5
20 Day Low2.86
52 Week High6.36
52 Week Low2.5
Performance
1 Week-5.62%
2 Weeks1.34%
1 Month-13.71%
3 Month-14.69%
6 Month-25.8%
12 Month0.67%
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
RSI(14)42.17
LBB2.92
UBB3.28
3.02
-0.17 (-5.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-5.33%
1 Week-5.62%
2 Weeks1.34%
1 Month-13.71%
3 Month-14.69%
6 Month-25.8%
12 Month0.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%5.24%
ATR Inc19.96%
Range Today0.23
ADR(20)0.15
ADR(20)%5.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.35
Mansfield-3.3
10 Day High3.26
10 Day Low2.86
20 Day High3.5
20 Day Low2.86
52 Week High6.36
52 Week Low2.5
CS1 End2.88
CR1 Start3.1
Volume & EV
DER(3)-11.83%
DER(5)-4.66%
Volume50.90K
Volume Incr-42.02%
Vol(5)32.82K
Vol(50)47.97K