MAY SALE: Save over 60% on our Pro Plans!

DISH runs into sellers again around 33.22


Technical Analysis Report for DISH - May 17, 2018 [< 1 min read]
Highlights
DISH runs into sellers again around 33.22
DISH closes within previous day's range after lackluster session
TQ Sentiment
Technical Forecast:
Overview

DISH finished Thursday at 32.65 losing $0.33 (-1.0%). Closing within the previous day's range, prices failed to decisively move past the prior day's trading range in a lackluster session.

Daily chart for DISH
Volatility

Thursday's trading range was $0.79 (2.4%), that's below last trading month's daily average range of $1.37. Things look different on a weekly scale, where volatility is way below the markets average with the monthly volatility being way above average.

Price Action

During the whole day, prices traded within the previous day's range, unable to trade above the prior day's high or below the previous day's low forming an Inside Bar. After moving higher in the prior session, the share closed lower but above the previous day's open today, forming a bearish Harami Candle.

Support/Resistance

Prices are trading close to a key support level at 32.03. After having been unable to move above 33.29 in the prior session, Dish Network ran into sellers again around the same price level today, failing to move higher than 33.22.

Trend

The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.

Order Flow

Buying might speed up should prices move above the close-by swing high at 33.29 where further buy stops could get activated.

Conclusion

Both sentiments, the classical technical analysis and our quantitative statistics are in perfect alignment today showing a neutral sentiment for the next trading day.

Report Market Conditions
ConditionForecastDirectionWinAvgWorstBest
High close to previous High TQ Pro Members Only
Close to S1 Support TQ Pro Members Only
Bearish Harami Candle TQ Pro Members Only
Close to Swing High TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Dish Network traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Signup

Stocks Top Movers

TBOND 141.3120.874 0.62%
NKY 22,930.3691.99 0.40%
HSI 31,047.91105.76 0.34%
DXY 93.6000.200 0.21%
GOLD 1,291.71.7 0.13%
USDJPY 110.76-0.01 -0.01%
BTCUSD 8,238.30-4.06 -0.05%
FTSE 7,778.79-9.21 -0.12%
EURUSD 1.1769-0.0025 -0.21%
SPX 2,712.97-7.16 -0.26%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV105.98 0.66
0.63%
ACN 10 day candlestick chart for ACN155.31 0.38
0.25%
ADBE 10 day candlestick chart for ADBE238.09 1.24
0.52%
AAP 10 day candlestick chart for AAP118.32 -1.47
-1.23%
AES 10 day candlestick chart for AES11.93 -0.12
-1.00%
AET 10 day candlestick chart for AET176.81 -0.22
-0.12%
AFL 10 day candlestick chart for AFL45.39 -0.14
-0.31%
AMG 10 day candlestick chart for AMG167.71 -1.54
-0.91%
A 10 day candlestick chart for A64.32 0.73
1.15%
ABT 10 day candlestick chart for ABT61.71 0.65
1.06%