Dhx Media Ltd Class B (DHX-B.CA) Stock Technical Analysis
TSX:DHX-B - Toronto Stock Exchange -
Taking everything into account, DHX-B scores 0 out of 10 in our technical rating. DHX-B's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than DHX-B.
DHX-B is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DHX-B is lagging the market.
DHX-B is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
DHX-B has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.26
4.18
We found 1 important support area.
- A support zone ranging from 3.29 to 3.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.36 to 3.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.01 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.13 to 4.14. 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 | DOWN | NEGATIVE | The long term trend for DHX-B.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DHX-B.CA is down. |
| ChartMill Relative Strength | 17.64 | NEGATIVE | DHX-B.CA has a low relative strength, it was outperformed by 82.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHX-B.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DHX-B.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHX-B.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.84 | NEUTRAL | The RSI value for DHX-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DHX-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.76 | OVERSOLD | The low Stochastics value suggests DHX-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for DHX-B.CA suggests high volalility. |
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)
TSX:DHX-B (5/30/2018, 5:57:26 PM)
3.3
-0.08 (-2.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.37%
1 Week0%
2 Weeks-0.6%
1 Month-7.56%
3 Month-14.06%
6 Month-15.6%
12 Month-43.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%6.11%
ATR Inc-58.71%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.64
Mansfield-3.51
10 Day High3.64
10 Day Low3.25
20 Day High4.27
20 Day Low3.18
52 Week High7.33
52 Week Low3.18
CS1 End3.29
CR1 Start3.36
Volume & EV
DER(3)2.36%
DER(5)2.61%
Volume79.08K
Volume Incr-68.85%
Vol(5)90.02K
Vol(50)254.62K