QUEST DIAGNOSTICS INC (DGX) Stock Technical Analysis
USA - NYSE:DGX - US74834L1008 - Common Stock
180.16 USD
-0.46 (-0.25%)
180.2 USD
+0.04 (+0.02%)
Taking everything into account, DGX scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DGX is only an average performer.
The long and short term trends are both positive. This is looking good!
DGX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DGX is lagging the market slightly.
DGX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
DGX has an average volume of 1013850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DGX outperforms 61% of them, which is more or less in line with the market.
DGX is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, DGX did better than 67% of them.
In the last month DGX has a been trading in a tight range between 176.97 and 185.62.
DGX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 178.50, a Stop Loss order could be placed below this zone.
More info and screens
160.24
186.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 175.78 to 178.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 169.62 to 172.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 161.86 to 166.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 181.25 to 184.41. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 61.11 | NEUTRAL | DGX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DGX is below 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) | 50.97 | NEUTRAL | The RSI value for DGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests DGX has a negative trend. |
| Stochastics (14,3) | 52.39 | NEUTRAL | The Stochastics value for DGX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for DGX suggests low volalility. |
| Average Directional Index/ADX (14) | 24.33 | 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)
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 |
|---|---|---|---|
| 181.57 | 177.03 | 4.54 (2.50%) | 25.00% |
| An entry @181.57. This is a Buy Stop order right above the 10 day moving average. | An exit @177.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.54 points, which is 2.50%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
180.16
-0.46 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.25%
1 Week-1.38%
2 Weeks0.82%
1 Month0.68%
3 Month0.41%
6 Month7.81%
12 Month17.76%
2 Year47.84%
3 Year46.84%
5 Year57.36%
10 Year193.09%
15 Year256.97%
Volatility
ATR(14)2.63
ATR(20)%1.58%
ATR Inc-13.56%
Range Today1.93
ADR(20)2.76
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.11
Mansfield-0.28
10 Day High185.05
10 Day Low177.04
20 Day High185.62
20 Day Low176.97
52 Week High185.62
52 Week Low146.17
CS1 End178.5
CR1 Start181.25
Volume & EV
DER(3)-3.43%
DER(5)-1.2%
Volume549.50K
Volume Incr-24.06%
Vol(5)579.24K
Vol(50)1.01M