DELAWARE ENHANCED GLOBAL DIV (DEX) Stock Technical Analysis
NYSE:DEX - New York Stock Exchange, Inc. - US2460601071 - Currency: USD
Taking everything into account, DEX scores 1 out of 10 in our technical rating. DEX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month DEX has a been trading in the 7.51 - 8.62 range, which is quite wide. It is currently trading near the lows of this range.
When compared to the yearly performance of all other stocks, DEX outperforms 48% of them, which is more or less in line with the market.
DEX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DEX is lagging the market slightly.
The technical rating of DEX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.76
8.77
When analyzing the support we notice one important area.
- A support zone ranging from 6.83 to 6.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.59 to 7.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.47 to 8.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.67 to 8.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DEX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DEX is down. |
| ChartMill Relative Strength | 48.35 | NEUTRAL | DEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.15 | OVERSOLD | The low RSI value suggests DEX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.59 | OVERSOLD | The low Stochastics value suggests DEX may be oversold. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for DEX suggests low volalility. |
| Average Directional Index/ADX (14) | 43.42 | POSITIVE | The high ADX value value for DEX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:DEX (3/10/2023, 8:04:00 PM)
7.56
-0.06 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week-3.2%
2 Weeks-1.18%
1 Month-11.37%
3 Month-6.55%
6 Month-4.06%
12 Month-9.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.61%
ATR Inc-31.87%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.35
Mansfield-0.12
10 Day High7.83
10 Day Low7.51
20 Day High8.62
20 Day Low7.51
52 Week High9.15
52 Week Low6.74
CS1 End6.83
CR1 Start7.59
Volume & EV
DER(3)-2.09%
DER(5)-1.85%
Volume31.40K
Volume Incr-34.61%
Vol(5)29.30K
Vol(50)42.32K