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(DO) Diamond Offshore complete technical analysis [charts+indicators] | Buy/Sell Diamond Offshore | (DO) share price targets

Complete technical analysis of Diamond Offshore (DO) by charts plus indicators, forecast predictions and share price targets for Diamond Offshore (DO)

Diamond Offshore trades in USA in Energy sector.

10 day averaged volume of Diamond Offshore is 1653924

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 14.73 14.60 14.91 14.58 0.438 times
15 Wed May 2024 14.62 14.68 14.73 14.23 0.532 times
14 Tue May 2024 14.58 14.48 14.63 14.34 0.736 times
13 Mon May 2024 14.45 14.45 14.60 14.16 0.671 times
10 Fri May 2024 14.42 14.83 14.94 14.22 0.921 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14.4, but if it comes below 14.4, then a intra day sell could be more profitable.
If you take a sell trade below 14.4, then use 14.4 as stoploss and 13.57 as target. However if you take a buy trade in stock , then use 14.4 as stoploss and 15.4 as target.

Share price targets for Diamond Offshore (DO)

Target Type Value
Downside Target 11.02
Downside Target 11.30
Downside Target 11.56
Downside Target 12.15
Downside Target 12.53
Downside Target 13.16
Downside Target 13.71
Downside Target 14.16
Downside Target 14.18
Upside Target 14.82
Upside Target 14.91
Upside Target 14.94

Intraday share price targets for Diamond Offshore (DO)

Target Type Value
Downside Intraday Target 14.29
Downside Intraday Target 13.85
Upside Intraday Target 15.04
Upside Intraday Target 15.35
Downside Intraday Target 14.6

Weekly technical analysis of Diamond Offshore (DO)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 14.73 14.45 14.91 14.16 0.348 times
10 Fri May 2024 14.42 13.17 14.94 13.16 1.5 times
03 Fri May 2024 12.98 13.20 13.36 12.15 1.074 times
26 Fri Apr 2024 13.20 12.89 13.61 12.67 1.05 times
19 Fri Apr 2024 12.94 14.06 14.18 12.70 1.017 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Diamond Offshore (DO)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 14.73 12.27 14.94 12.15 0.622 times
30 Tue Apr 2024 12.24 13.72 14.82 12.22 0.994 times
28 Thu Mar 2024 13.64 11.30 13.71 11.30 0.949 times
29 Thu Feb 2024 11.09 12.21 12.53 11.02 1.286 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Diamond Offshore (DO)

Indicator Name Indicator Value Indicator Signal
ADX 28, 15, 30 Buy
MACD 1, 0Buy
Stochastics 88Buy
CCI 71Buy
RSI 49Sell
OBV 8537941Sell
VWAP 14Buy
ADL 0Sell
ROC 17Buy
Force Index 0Sell

Price action analysis of Diamond Offshore ( (DO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Diamond Offshore ( (DO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Diamond Offshore ( (DO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Diamond Offshore ( (DO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Diamond Offshore stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Diamond Offshore in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Diamond Offshore Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Diamond Offshore in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Diamond Offshore is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.29 and Diamond Offshore (DO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Diamond Offshore (DO) stock. Volume based technical analysis of Diamond Offshore (DO) stock is negative.

Diamond Offshore Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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