Dhx Media Ltd Class B (DHX-B.CA) Technical Analysis
TSX:DHX-B
Current stock price
DHX-B.CA Technical Rating and Analysis
Taking everything into account, DHX-B scores 0 out of 10 in our technical rating. DHX-B scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.CA Weekly and Daily overview Charts
DHX-B.CA Setup Rating and Analysis
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
DHX-B.CA Support and Resistance Analysis
3.26
When analyzing the support we notice one important 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.
3 important resistance areas can be observed.
- 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.
DHX-B.CA 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 | 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. |
DHX-B.CA Chart- and CandleStick Pattern Analysis
DHX-B.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:DHX-B (5/30/2018, 5:57:26 PM)
3.3
-0.08 (-2.37%)
Dhx Media Ltd Class B / DHX-B.CA TA FAQ
Can you provide the ChartMill technical rating for Dhx Media Ltd Class B?
ChartMill assigns a technical rating of 0 / 10 to DHX-B.CA.
What is the trend direction for DHX-B stock?
The current trend direction for Dhx Media Ltd Class B (DHX-B.CA) is Bearish.
What is the RSI signal for Dhx Media Ltd Class B (DHX-B.CA) stock?
Dhx Media Ltd Class B (DHX-B.CA) has an RSI value of 41.8445. This indicates that the stock is currently neutral.
What is the short term momentum for DHX-B stock?
The short term momentum for Dhx Media Ltd Class B (DHX-B.CA) is negative.
What is the buy/sell signal for Dhx Media Ltd Class B (DHX-B.CA) stock?
The buy/sell signal for Dhx Media Ltd Class B (DHX-B.CA) is sell as both the short term and long term trends are negative.