QUEST DIAGNOSTICS INC (DGX) Stock Technical Analysis
NYSE:DGX - New York Stock Exchange, Inc. - US74834L1008 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to DGX. DGX 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.
DGX is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 74% of 103 stocks in the same industry.
In the last month DGX has a been trading in the 164.65 - 180.89 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DGX has an average volume of 1110200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, DGX turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
DGX 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 DGX is lagging the market slightly.
DGX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 176.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 169.84, a Stop Loss order could be placed below this zone.
More info and screens
160.24
183.90
We found 2 important support areas.
- A support zone ranging from 166.41 to 169.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @161.86 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @176.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 180.22 to 182.08. 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 | NEUTRAL | NEUTRAL | The long term trend for DGX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DGX is neutral. |
| ChartMill Relative Strength | 55.19 | NEUTRAL | DGX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DGX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DGX is below a declining 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) | 49.31 | NEUTRAL | The RSI value for DGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests DGX has a positive trend. |
| Stochastics (14,3) | 26.77 | NEUTRAL | The Stochastics value for DGX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for DGX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for DGX suggests a possible start of a new 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)
170.85
+3.44 (+2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.05%
1 Week1.36%
2 Weeks2.36%
1 Month-3.43%
3 Month-3.99%
6 Month4.75%
12 Month13.84%
2 Year29.92%
3 Year36.34%
5 Year53.59%
10 Year151.99%
15 Year292.76%
Volatility
ATR(14)4.94
ATR(20)%2.57%
ATR Inc-18.92%
Range Today3.95
ADR(20)4.11
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.19
Mansfield-0.2
10 Day High180.89
10 Day Low165.3
20 Day High180.89
20 Day Low164.65
52 Week High182.38
52 Week Low144.87
CS1 End169.84
CR1 Start176.95
Volume & EV
DER(3)-4.31%
DER(5)-2.47%
Volume1.42M
Volume Incr-22.24%
Vol(5)1.07M
Vol(50)1.11M