DFS closes higher for the 4th day in a row
Discover Financial Services (DFS) Technical Analysis Report for Mar 26, 2020 | by Techniquant Editorial Team
Moving higher for the 4th day in a row, DFS finished Thursday at 41.71 gaining $4.26 (11.38%), strongly outperforming the S&P 500 (6.24%).
Daily Candlestick Chart (DFS as at Mar 26, 2020):
Thursday's trading range has been $4.71 (11.88%), that's slightly above the last trading month's daily average range of $4.53. Weekly volatility is also higher, being above the market's average weekly trading range. The longer-term, monthly volatility is currently notably higher than usual for DFS.
The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.