DIGINEX LTD (DGNX) Technical Analysis
NASDAQ:DGNX • KYG286871044
Current stock price
2.62 USD
-0.9 (-25.59%)
At close:
2.7201 USD
+0.1 (+3.82%)
After Hours:
DGNX Technical Rating and Analysis
Taking everything into account, DGNX scores 0 out of 10 in our technical rating. DGNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than DGNX.
- DGNX is one of the lesser performing stocks in the Software industry. 87% of 272 stocks in the same industry do better.
- DGNX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month DGNX has a been trading in the 2.40 - 5.31 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- DGNX has an average volume of 3759490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
DGNX Weekly and Daily overview Charts
DGNX Setup Rating and Analysis
The technical rating of DGNX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DGNX Support and Resistance Analysis
2.59
4.36
We can see 2 important resistance areas.
- A resistance zone ranging from 3.93 to 4.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.32 from a trend line in the daily time frame.
DGNX Technical Indicator Signal Analysis
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 DGNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DGNX is down. |
| ChartMill Relative Strength | 1.51 | NEGATIVE | DGNX has a low relative strength, it was outperformed by 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DGNX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DGNX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DGNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.57 | OVERSOLD | The low RSI value suggests DGNX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DGNX has a negative trend. |
| Stochastics (14,3) | 8.75 | OVERSOLD | The low Stochastics value suggests DGNX may be oversold. |
| Average True Range in percent/ATR (20) | 17.09 | HIGH VOLATILITY | The high ATR as a percentage value for DGNX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.22 | NEUTRAL | The ADX value for DGNX suggests a possible start of a new trend. |
DGNX Chart- and CandleStick Pattern Analysis
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)
DGNX Technicals: Chart, Performance Metrics, Trend & Indicators
2.62
-0.9 (-25.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-25.59%
1 Week-38.17%
2 Weeks-38.21%
1 Month-25.59%
3 Month-70.23%
6 Month-98.43%
12 Month-76.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%17.09%
ATR Inc150.17%
Range Today1.41
ADR(20)0.43
ADR(20)%16.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.51
3 months CRS1.28
6 months CRS0.25
Mansfield-9.44
10 Day High5.31
10 Day Low2.4
20 Day High5.31
20 Day Low2.4
52 Week High318.84
52 Week Low2.4
CS1 EndN/A
CR1 Start3.93
Volume & EV
DER(3)-6.05%
DER(5)-4.54%
Volume1.29M
Volume Incr-68.03%
Vol(5)1.76M
Vol(50)3.76M
DIGINEX LTD / DGNX TA FAQ
Can you provide the ChartMill technical rating for DIGINEX LTD?
ChartMill assigns a technical rating of 0 / 10 to DGNX.
What is the trend direction for DGNX stock?
The current trend direction for DIGINEX LTD (DGNX) is Bearish.
What is the RSI signal for DIGINEX LTD (DGNX) stock?
DIGINEX LTD (DGNX) has an RSI value of 22.5652. This indicates that the stock is currently oversold.
What is the short term momentum for DIGINEX LTD (DGNX) stock?
The short term momentum for DIGINEX LTD (DGNX) is negative.
What is the buy/sell signal for DGNX stock?
The buy/sell signal for DIGINEX LTD (DGNX) is sell as both the short term and long term trends are negative.