DIGINEX LTD (DGNX) Technical Analysis
NASDAQ:DGNX • KYG286871044
Current stock price
DGNX Technical Rating and Analysis
Taking everything into account, DGNX scores 0 out of 10 in our technical rating. DGNX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than DGNX.
- DGNX is part of the Software industry. There are 277 other stocks in this industry, of which 82% are performing better than DGNX.
- DGNX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DGNX is lagging the market.
- In the last month DGNX has a been trading in the 0.52 - 0.97 range, which is quite wide. It is currently trading near the lows of this range.
- DGNX has an average volume of 4016100 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
DGNX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
DGNX Support and Resistance Analysis
0.57
We found 1 important resistance area.
- Resistance @0.62 from a horizontal 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 | 3.25 | NEGATIVE | DGNX has a low relative strength, it was outperformed by 96.75% 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) | 29.66 | OVERSOLD | The low RSI value suggests DGNX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests DGNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.96 | NEUTRAL | The Stochastics value for DGNX is a neutral value. |
| Average True Range in percent/ATR (20) | 16.39 | HIGH VOLATILITY | The high ATR as a percentage value for DGNX suggests high volalility. |
| Average Directional Index/ADX (14) | 40.64 | POSITIVE | The high ADX value value for DGNX suggests a strong trend. |
DGNX Chart- and CandleStick Pattern Analysis
DGNX Technicals: Chart, Performance Metrics, Trend & Indicators
0.5775
-0.03 (-5.33%)
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 DGNX stock?
DIGINEX LTD (DGNX) has an RSI value of 29.662. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for DIGINEX LTD?
The buy/sell signal for DIGINEX LTD (DGNX) is sell as both the short term and long term trends are negative.
What is the support and resistance level for DGNX stock?
DIGINEX LTD (DGNX) has a resistance level at 0.62. Check the full technical report for our detailed analysis of DGNX support and resistance levels.