DIGINEX LTD (DGNX) Stock Technical Analysis
USA - NASDAQ:DGNX - KYG286871044 - Common Stock
Taking everything into account, DGNX scores 6 out of 10 in our technical rating. Although DGNX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DGNX has an average technical rating and it also does not offer a high 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.
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14.76
When analyzing the support we notice one important area.
- A support zone ranging from 14.91 to 15.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | UP | POSITIVE | The long term trend for DGNX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DGNX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DGNX has a low relative strength, it was outperformed by 100% 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) | UP | POSITIVE | The current price of DGNX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.75 | NEUTRAL | The RSI value for DGNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests DGNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.09 | NEUTRAL | The Stochastics value for DGNX is a neutral value. |
| Average True Range in percent/ATR (20) | 23.64 | HIGH VOLATILITY | The high ATR as a percentage value for DGNX suggests high volalility. |
| Average Directional Index/ADX (14) | 45.2 | POSITIVE | The high ADX value value for DGNX suggests a strong trend. |
18.25
-5.38 (-22.77%)
DIGINEX LTD / DGNX FAQ
Can you provide the ChartMill technical rating for DIGINEX LTD?
ChartMill assigns a technical rating of 6 / 10 to DGNX.
Can you provide the trend direction for DIGINEX LTD?
The current trend direction for DIGINEX LTD (DGNX) is Bullish.
What is the RSI signal for DGNX stock?
DIGINEX LTD (DGNX) has an RSI value of 51.7464. This indicates that the stock is currently neutral.
What is the MACD signal for DGNX stock?
The MACD indicator for DIGINEX LTD (DGNX) has a value of 0.115283, indicating a bearish trend.
Can you provide the short term momentum for DIGINEX LTD?
The short term momentum for DIGINEX LTD (DGNX) is positive.