QUEST DIAGNOSTICS INC (DGX) Stock Technical Analysis
USA - NYSE:DGX - US74834L1008 - Common Stock
Overall DGX gets a technical rating of 1 out of 10. 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.
Although the technical rating is bad, DGX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 175.94, a Stop Loss order could be placed below this zone.
More info and screens
160.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 174.14 to 175.94. 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.
- A support zone ranging from 161.86 to 163.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 178.50 to 182.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 189.52 to 190.59. 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 | DOWN | NEGATIVE | The short term trend for DGX is down. |
| ChartMill Relative Strength | 60.1 | NEUTRAL | DGX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DGX is below 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) | 38.7 | NEUTRAL | The RSI value for DGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.22 | NEGATIVE | The MACD value suggests DGX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.97 | OVERSOLD | The low Stochastics value suggests DGX may be oversold. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for DGX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for DGX suggests a weak or negative trend. |
175.95
+0.2 (+0.11%)
QUEST DIAGNOSTICS INC / DGX FAQ
Can you provide the ChartMill technical rating for QUEST DIAGNOSTICS INC?
ChartMill assigns a technical rating of 1 / 10 to DGX.
What is the trend direction for DGX stock?
The current trend direction for QUEST DIAGNOSTICS INC (DGX) is Bearish.
Can you provide the RSI signal for QUEST DIAGNOSTICS INC?
QUEST DIAGNOSTICS INC (DGX) has an RSI value of 38.6978. 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 -1.22144, indicating a bearish trend.