DOUGLAS DYNAMICS INC. - Daily - Technical analysis published on 02/18/2020 (GMT)
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- Timeframe : Daily
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bullish
Technical indicators
50%
11%
39%
My opinion
Neutral between 52.42 USD and 56.38 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 52.42 USD. The first resistance is located at 56.38 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by DOUGLAS DYNAMICS INC..
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOUGLAS DYNAMICS INC. rating 54.10 USD. The price has increased by -0.07% since the last closing and was traded between 53.67 USD and 54.41 USD over the period. The price is currently at +0.80% from its lowest and -0.57% from its highest.53.67
54.41
54.10
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DOUGLAS DYNAMICS INC. in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 42.77 | 49.40 | 52.42 | 54.10 | 54.23 | 56.38 |
| Change (%) | -20.94% | -8.69% | -3.11% | - | +0.24% | +4.21% |
| Change | -11.33 | -4.70 | -1.68 | - | +0.13 | +2.28 |
| Level | Major | Major | Major | - | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.67 | 53.21 | 53.68 | 54.22 | 54.69 | 55.23 | 55.70 |
| Camarilla | 53.86 | 53.96 | 54.05 | 54.14 | 54.23 | 54.33 | 54.42 |
| Woodie | 52.63 | 53.19 | 53.64 | 54.20 | 54.65 | 55.21 | 55.66 |
| Fibonacci | 53.21 | 53.60 | 53.84 | 54.22 | 54.61 | 54.85 | 55.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.77 | 51.07 | 51.94 | 53.24 | 54.11 | 55.41 | 56.28 |
| Camarilla | 52.20 | 52.40 | 52.60 | 52.80 | 53.00 | 53.20 | 53.40 |
| Woodie | 49.55 | 50.96 | 51.72 | 53.13 | 53.89 | 55.30 | 56.06 |
| Fibonacci | 51.07 | 51.90 | 52.41 | 53.24 | 54.07 | 54.58 | 55.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.18 | 49.19 | 50.81 | 53.82 | 55.44 | 58.45 | 60.07 |
| Camarilla | 51.16 | 51.58 | 52.01 | 52.43 | 52.85 | 53.28 | 53.70 |
| Woodie | 45.49 | 48.84 | 50.12 | 53.47 | 54.75 | 58.10 | 59.38 |
| Fibonacci | 49.19 | 50.96 | 52.05 | 53.82 | 55.59 | 56.68 | 58.45 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.10 | |
| MACD (12,26,9): | -0.2500 | |
| Directional Movement: | -3.77 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 53.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 55.10 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 56.49 | |
| Zig ZAG (10): | 54.10 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 51.32 | |
| TEMA (21): | 53.42 | |
| Williams %R (14): | -47.95 | |
| Chande Momentum Oscillator (20): | 0.16 | |
| Repulse (5,40,3): | -0.8200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 4.00 |
| MA7: | 53.72 | |
| MA20: | 54.19 | |
| MA50: | 54.69 | |
| MA100: | 51.39 | |
| MAexp7: | 53.92 | |
| MAexp20: | 54.15 | |
| MAexp50: | 53.77 | |
| MAexp100: | 51.41 | |
| Price / MA7: | +0.71% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | -1.08% | |
| Price / MA100: | +5.27% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | +0.61% | |
| Price / MAexp100: | +5.23% |
News
Don"t forget to follow the news on DOUGLAS DYNAMICS INC.. At the time of publication of this analysis, the latest news was as follows:
- Douglas Dynamics, Inc. to Host Earnings Call
- Douglas Dynamics, Inc. to Host Earnings Call
- Investor Network: Douglas Dynamics, Inc. to Host Earnings Call
-
Douglas Dynamics
- Douglas Dynamics Declares Quarterly Cash Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
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