DORM Technical Signal Analysis
DORM have 0 buy signal and 4 sell signals now. The current trend is consolidation starting from 2025-03-07. The total price change during this trend is +0.30%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of DORM over last 5 trading day is $30,117,026.89
0 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-2.77
Bearish
Momentum (10 days)
MOM_10 < 0
-2.7
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.53
Bearish
Moving Average
Price crosses below 5-day SMA
--
Bearish
0 Bullish Signal
Name
Signal
Value
Meaning
DORM Support and Resistance Level
The support levels for DORM are at 123.76, 120.61, and 115.52, while the resistance levels are at 133.95, 137.1, and 142.19. With the current stock price at 126.3, it is leaning more toward the support levels.
DORM Technical Analysis
Technical Analysis of DORM Stock
Current Price and Trend
As of the latest data, DORM is trading at $124.99. The stock has shown a bearish trend recently, with a significant drop of -2.96% during the regular market session on March 7, 2025.
Key Technical Indicators
- RSI (6, 12, 14): 38.12, 43.17, and 43.76, respectively. These values indicate that the stock is in a bearish momentum but not yet oversold.
- Stochastic Oscillator: StochK (52.90) and StochD (67.02) suggest a potential bullish divergence, as StochK is rising toward StochD.
- MACD: The MACD line is at 0, with a slight bearish histogram (-0.33), indicating weak bearish momentum.
Support and Resistance Levels
- Fibonacci Support Levels: $123.65 (S1) and $120.50 (S2).
- Fibonacci Resistance Levels: $133.84 (R1) and $136.98 (R2).
- The stock is currently testing the first support level at $123.65, which has held so far.
Recent Price Action
The stock opened at $128.25 on March 7 but faced selling pressure, closing at $124.91. This indicates a failed attempt to break above the resistance level at $128.25.
Volume Analysis
The volume on March 7 was 207,435, slightly below recent averages, suggesting moderate trading activity.
Conclusion
Based on the technical analysis, DORM stock is currently in a bearish trend but is approaching a critical support level at $123.65. While there are signs of potential bullish divergence in the Stochastic Oscillator, the overall momentum remains weak.
Recommendation: Sell
The stock is likely to test the lower support levels again, and without a strong bullish signal, it may be prudent to sell or avoid buying at this time.
Exact Price: $124.99
DORM FAQs
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DORM Buy or Sell
DORM has 0 buy signals and 4 sell signals now. Overall the technical rating for DORM is Strong sell.
Strong sell
Sell
4
Buy
0
DORM Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 126.3 above the SMA_5. In the short term, the stock shows a negative trend with the 125.77 below the SMA_20. In the mid term, the stock shows a negative trend with the 127.08 below the SMA_60. In the long term, the stock shows a positive trend with the 128.99 above the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about DORM's current trend?What are DORM's key support and resistance levels?