DRQ Breakout Entry Signals Technical Analysis

CandleStick count of 30 days inside the constricting Bollinger Bands.

Intermediate-Term Technical Analysis

Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend. Chart pattern indicates a Weak Downward Trend. Relative Strength is Bullish. Up/Down volume pattern indicates that the stock is under Distribution. The 50 day Moving Average is rising which is Bullish. The 200 day Moving Average is rising which is Bullish. Look for Support at 46.73 Price is above Resistance of 48.46 which is Bullish.

For coaching advice in determining the proper criteria to enter and exit a specific position, visit the Rockwell Trading Coaching Program. A free 60-minute one-on-one session is available to interested investors.

Company Business Summary(Standard&Poor's)

This company manufactures highly engineered offshore drilling and production equipment for use in deep water and harsh environments. DRQ has an approximate 0.19% weighting in the S&P SmallCap.