DHI GROUP INC (DHX) Stock Technical Analysis
NYSE:DHX - New York Stock Exchange, Inc. - US23331S1006 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to DHX. Both in the recent history as in the last year, DHX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
DHX is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 92% of 71 stocks in the same industry.
In the last month DHX has a been trading in the 1.82 - 2.65 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that DHX is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
DHX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DHX is lagging the market slightly.
Although DHX has an excellent technical rating, it 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
2.48
2.81
2 important resistance areas can be observed.
- Resistance @2.60 from a horizontal line in the daily time frame.
- Resistance @2.78 from a trend 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 | UP | POSITIVE | The long term trend for DHX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DHX is up. |
| ChartMill Relative Strength | 93.43 | POSITIVE | DHX has a high relative strength, it outperformed 93.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DHX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DHX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DHX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.01 | OVERBOUGHT | The high RSI value suggests DHX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DHX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.63 | OVERBOUGHT | The high Stochastics value suggests DHX may be overbought. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for DHX suggests high volalility. |
| Average Directional Index/ADX (14) | 45.7 | POSITIVE | The high ADX value value for DHX suggests a strong trend. |
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)
2.51
-0.08 (-3.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-3.09%
1 Week5.91%
2 Weeks16.74%
1 Month35.68%
3 Month61.94%
6 Month37.16%
12 Month24.26%
2 Year-34.46%
3 Year-49.5%
5 Year19.52%
10 Year-71.77%
15 Year-63.73%
Volatility
ATR(14)0.15
ATR(20)%6.22%
ATR Inc-19.77%
Range Today0.09
ADR(20)0.15
ADR(20)%6.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.43
Mansfield2.36
10 Day High2.65
10 Day Low2.15
20 Day High2.65
20 Day Low1.82
52 Week High3.32
52 Week Low1.21
CS1 EndN/A
CR1 Start2.6
Volume & EV
DER(3)-0.34%
DER(5)-5.23%
Volume79.40K
Volume Incr-15.15%
Vol(5)96.10K
Vol(50)128.70K