DHT Stock DHT Holdings (DHT, $11.03) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 15, 2024

GET DAILY SIGNALS

Get AI intraday signals

DHT - DHT Holdings

MACD signal

View

Odds of DOWN Trend

Price: $11.03

Daily change: -$0.31 (-2.73%)

Daily volume: 1.5M

Industry: Oil & Gas Pipelines

DHT sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for DHT moved below the 200-day moving average on November 06, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

DHT moved below its 50-day moving average on October 22, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for DHT crossed bearishly below the 50-day moving average on October 25, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DHT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for DHT entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DHT's RSI Oscillator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 13, 2024. You may want to consider a long position or call options on DHT as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for DHT just turned positive on November 13, 2024. Looking at past instances where DHT's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DHT advanced for three days, in of 285 cases, the price rose further within the following month. The odds of a continued upward trend are .

DHT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.847) is normal, around the industry mean (47.044). P/E Ratio (11.879) is within average values for comparable stocks, (16.347). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.837). Dividend Yield (0.084) settles around the average of (0.066) among similar stocks. P/S Ratio (3.406) is also within normal values, averaging (2.994).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 55, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. DHT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.