DGXX Technical Analysis - DIGI POWER X INC

Technical Rating and Analysis

We assign a technical rating of 6 out of 10 to DGXX. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DGXX is a bad performer.

100% of all other stocks performed better in the past year than DGXX.

DGXX is one of the lesser performing stocks in the Software industry. 90% of 282 stocks in the same industry do better.

Both the short term and long term trends are positive. This is a very positive sign.

In the last month DGXX has a been trading in the 2.25 - 3.27 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

DGXX has an average volume of 1105690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

DIGI POWER X INC / DGXX Weekly stock chart

DIGI POWER X INC / DGXX Daily stock chart

Setup Rating and Analysis

DGXX 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.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

2.37

3.08

3 important support areas can be observed.

A support zone ranging from 2.63 to 2.64. 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 2.55 to 2.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @2.39 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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 DGXX is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for DGXX is up.
ChartMill Relative Strength	0	NEGATIVE	DGXX has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of DGXX is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of DGXX is above the rising SMA(50).
Relative Strength Index/RSI (14)	62.66	NEUTRAL	The RSI value for DGXX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.05	POSITIVE	The MACD value suggests DGXX has a positive trend.
Stochastics (14,3)	58.67	NEUTRAL	The Stochastics value for DGXX is a neutral value.
Average True Range in percent/ATR (20)	8.24	HIGH VOLATILITY	The high ATR as a percentage value for DGXX suggests high volalility.
Average Directional Index/ADX (14)	22.87	NEUTRAL	The ADX value for DGXX suggests a possible start of a new trend.