DHI GROUP INC (DHX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DHX - US23331S1006 - Common Stock
Taking everything into account, DHX scores 0 out of 10 in our technical rating. DHX 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 technical rating of DHX is bad and it also does not present a 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.
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1.64
When analyzing the support we notice one important area.
- A support zone ranging from 1.66 to 1.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.88 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.72 from a trend line in the daily time frame.
- Resistance @2.81 from a trend line in the weekly time frame.
- Resistance @3.01 from a horizontal line in the weekly time frame.
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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DHX is down. |
| ChartMill Relative Strength | 11.95 | NEGATIVE | DHX has a low relative strength, it was outperformed by 88.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DHX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.48 | NEUTRAL | The RSI value for DHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DHX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.58 | NEUTRAL | The Stochastics value for DHX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for DHX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.12 | POSITIVE | The high ADX value value for DHX suggests a strong trend. |
1.67
-0.1 (-5.65%)
DHI GROUP INC / DHX FAQ
What is the ChartMill technical rating of DHI GROUP INC (DHX) stock?
ChartMill assigns a technical rating of 0 / 10 to DHX.
Can you provide the trend direction for DHI GROUP INC?
The current trend direction for DHI GROUP INC (DHX) is Bearish.
What is the RSI signal for DHI GROUP INC (DHX) stock?
DHI GROUP INC (DHX) has an RSI value of 34.4842. This indicates that the stock is currently neutral.
What is the MACD signal for DHX stock?
The MACD indicator for DHI GROUP INC (DHX) has a value of 0.00563789, indicating a bearish trend.
What is the short term momentum for DHX stock?
The short term momentum for DHI GROUP INC (DHX) is negative.