Dhx Media Ltd (DHX.CA) Technical Analysis
TSX:DHX
Current stock price
DHX.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DHX. DHX'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.
- When comparing the yearly performance of all stocks, DHX is a bad performer in the overall market: 76% of all stocks are doing better.
- DHX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DHX has a been trading in the 1.41 - 1.70 range, which is quite wide. It is currently trading near the lows of this range.
DHX.CA Weekly and Daily overview Charts
DHX.CA Setup Rating and Analysis
Although the technical rating is bad, DHX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
DHX.CA Support and Resistance Analysis
1.40
When analyzing the support we can see 2 important areas.
- Support @1.46 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.41 to 1.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.51 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.68 to 1.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DHX.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.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DHX.CA is down. |
| ChartMill Relative Strength | 24.79 | NEGATIVE | DHX.CA has a low relative strength, it was outperformed by 75.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DHX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.59 | NEUTRAL | The RSI value for DHX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DHX.CA has a positive trend. |
| Stochastics (14,3) | 32.31 | NEUTRAL | The Stochastics value for DHX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for DHX.CA suggests some volalility. |
DHX.CA Chart- and CandleStick Pattern Analysis
DHX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:DHX (12/20/2019, 9:28:38 PM)
1.5
0 (0%)
Dhx Media Ltd / DHX.CA TA FAQ
What is the ChartMill technical rating of Dhx Media Ltd (DHX.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to DHX.CA.
What is the current trend direction of Dhx Media Ltd (DHX.CA) stock?
The current trend direction for Dhx Media Ltd (DHX.CA) is Bearish.
Can you provide the RSI signal for Dhx Media Ltd?
Dhx Media Ltd (DHX.CA) has an RSI value of 40.5906. This indicates that the stock is currently neutral.
What is the MACD signal for DHX stock?
The MACD indicator for Dhx Media Ltd (DHX.CA) has a value of 0.00801535, indicating a bearish trend.
Can you provide the buy/sell signal for Dhx Media Ltd?
The buy/sell signal for Dhx Media Ltd (DHX.CA) is sell as both the short term and long term trends are negative.