QUEST DIAGNOSTICS INC (DGX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DGX - US74834L1008 - Common Stock
Taking everything into account, DGX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DGX is showing a nice and steady performance.
DGX has an excellent technical rating, but the quality of the setup is only medium 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
162.16
5 important support areas can be observed.
- A support zone ranging from 187.09 to 190.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 182.35 to 183.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 174.77 to 178.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @169.62 from a horizontal line in the daily time frame.
- Support @163.80 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 191.26 to 191.26. 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 | UP | POSITIVE | The long term trend for DGX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DGX is up. |
| ChartMill Relative Strength | 80.85 | POSITIVE | DGX has a high relative strength, it outperformed 80.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DGX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DGX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DGX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.49 | NEUTRAL | The RSI value for DGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests DGX has a positive trend. |
| Stochastics (14,3) | 77.61 | NEUTRAL | The Stochastics value for DGX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for DGX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for DGX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 191.27 | 187.08 | 4.19 (2.19%) | 25.00% |
| An entry @191.27. This is a Buy Stop order right above the resistance zone. | An exit @187.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.19 points, which is 2.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- The distance between exit and entry is rather small compared to the average daily movement of DGX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
191.25
+3.64 (+1.94%)
QUEST DIAGNOSTICS INC / DGX FAQ
Can you provide the ChartMill technical rating for QUEST DIAGNOSTICS INC?
ChartMill assigns a technical rating of 10 / 10 to DGX.
What is the trend direction for DGX stock?
The current trend direction for QUEST DIAGNOSTICS INC (DGX) is Bullish.
Can you provide the RSI signal for QUEST DIAGNOSTICS INC?
QUEST DIAGNOSTICS INC (DGX) has an RSI value of 64.485. This indicates that the stock is currently neutral.
What is the MACD signal for QUEST DIAGNOSTICS INC (DGX) stock?
The MACD indicator for QUEST DIAGNOSTICS INC (DGX) has a value of 0.888419, indicating a bearish trend.
What is the buy/sell signal for QUEST DIAGNOSTICS INC (DGX) stock?
The buy/sell signal for QUEST DIAGNOSTICS INC (DGX) is buy as both the short term and long term trends are positive.