DORMAN PRODUCTS INC. - Daily - Technical analysis published on 07/29/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Neutral
Technical indicators
72%
0%
28%
My opinion
Neutral between 80.71 USD and 86.25 USD
My targets
-
My analysis
There is no basic trend on DORMAN PRODUCTS INC. and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 86.25 USD. The nearest support is located at 80.71 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
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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
The DORMAN PRODUCTS INC. rating is 84.76 USD. On the day, this instrument gained +0.05% and was between 84.28 USD and 85.79 USD. This implies that the price is at +0.57% from its lowest and at -1.20% from its highest.84.28
85.79
84.76
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of DORMAN PRODUCTS INC. indicates that the overall trend is not clearly defined. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 67.41 | 69.99 | 80.71 | 84.76 | 86.25 | 90.23 | 95.49 |
| Change (%) | -20.47% | -17.43% | -4.78% | - | +1.76% | +6.45% | +12.66% |
| Change | -17.35 | -14.77 | -4.05 | - | +1.49 | +5.47 | +10.73 |
| Level | Minor | Minor | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.35 | 83.24 | 83.98 | 84.87 | 85.61 | 86.50 | 87.24 |
| Camarilla | 84.27 | 84.42 | 84.57 | 84.72 | 84.87 | 85.02 | 85.17 |
| Woodie | 82.28 | 83.20 | 83.91 | 84.83 | 85.54 | 86.46 | 87.16 |
| Fibonacci | 83.24 | 83.86 | 84.25 | 84.87 | 85.49 | 85.88 | 86.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.37 | 78.41 | 80.25 | 82.28 | 84.12 | 86.16 | 88.00 |
| Camarilla | 81.02 | 81.38 | 81.74 | 82.09 | 82.45 | 82.80 | 83.16 |
| Woodie | 76.28 | 78.36 | 80.15 | 82.23 | 84.03 | 86.11 | 87.90 |
| Fibonacci | 78.41 | 79.89 | 80.80 | 82.28 | 83.76 | 84.68 | 86.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.71 | 78.69 | 82.91 | 85.89 | 90.11 | 93.09 | 97.31 |
| Camarilla | 85.16 | 85.82 | 86.48 | 87.14 | 87.80 | 88.46 | 89.12 |
| Woodie | 76.34 | 79.00 | 83.54 | 86.20 | 90.74 | 93.40 | 97.94 |
| Fibonacci | 78.69 | 81.44 | 83.14 | 85.89 | 88.64 | 90.34 | 93.09 |
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): | 53.62 | |
| MACD (12,26,9): | -0.2300 | |
| Directional Movement: | 4.90 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 83.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 78.76 | |
| Elder Ray (13): | 1.47 | |
| Super Trend (3,10): | 88.14 | |
| Zig ZAG (10): | 84.76 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 73.95 | |
| TEMA (21): | 83.40 | |
| Williams %R (14): | -13.79 | |
| Chande Momentum Oscillator (20): | 4.04 | |
| Repulse (5,40,3): | 0.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 2.27 |
| MA7: | 83.53 | |
| MA20: | 83.67 | |
| MA50: | 83.94 | |
| MA100: | 85.67 | |
| MAexp7: | 83.87 | |
| MAexp20: | 83.66 | |
| MAexp50: | 84.40 | |
| MAexp100: | 84.91 | |
| Price / MA7: | +1.47% | |
| Price / MA20: | +1.30% | |
| Price / MA50: | +0.98% | |
| Price / MA100: | -1.06% | |
| Price / MAexp7: | +1.06% | |
| Price / MAexp20: | +1.31% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | -0.18% |
News
The latest news and videos published on DORMAN PRODUCTS INC. at the time of the analysis were as follows:
- Dorman Products, Inc. Announces Date to Report Second Quarter 2019 Financial Results
- Dorman Products, Inc. Reports First Quarter 2019 Results
- Dorman Products, Inc. Appoints Joseph P. Braun as Senior Vice President and General Counsel
- Dorman Products, Inc. Announces Date to Report First Quarter 2019 Financial Results
- Dorman Products, Inc. Reports Fourth Quarter and Fiscal 2018 Results, Issues Fiscal 2019 Guidance
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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