DHI GROUP INC (DHX) Stock Technical Analysis
NYSE:DHX • US23331S1006
Overall DHX gets a technical rating of 7 out of 10. In the last year, DHX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- DHX is part of the Interactive Media & Services industry. There are 69 other stocks in this industry. DHX outperforms 79% of them.
- Looking at the yearly performance, DHX did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- DHX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DHX is lagging the market.
- In the last month DHX has a been trading in the 1.63 - 3.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
DHX has an excellent technical rating, but the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.55
We found 3 important support areas.
- Support @2.39 from a horizontal line in the daily time frame.
- Support @1.75 from a trend line in the daily time frame.
- Support @1.57 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.50 to 2.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.85 from a trend line in the daily 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 | 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 | 76.11 | POSITIVE | DHX has a high relative strength, it outperformed 76.11% 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) | 58.4 | NEUTRAL | The RSI value for DHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DHX has a negative trend. |
| Stochastics (14,3) | 50.06 | NEUTRAL | The Stochastics value for DHX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.43 | HIGH VOLATILITY | The high ATR as a percentage value for DHX suggests high volalility. |
| Average Directional Index/ADX (14) | 35.42 | POSITIVE | The high ADX value value for DHX suggests a strong trend. |
2.49
+0.02 (+0.81%)
DHI GROUP INC / DHX FAQ
What is the ChartMill technical rating of DHI GROUP INC (DHX) stock?
ChartMill assigns a technical rating of 7 / 10 to DHX.
What is the current trend direction of DHI GROUP INC (DHX) stock?
The current trend direction for DHI GROUP INC (DHX) is Bullish.
What is the RSI signal for DHI GROUP INC (DHX) stock?
DHI GROUP INC (DHX) has an RSI value of 58.4. This indicates that the stock is currently neutral.
What is the short term momentum for DHI GROUP INC (DHX) stock?
The short term momentum for DHI GROUP INC (DHX) is positive.
What are the support and resistance levels for DHI GROUP INC (DHX) stock?
DHI GROUP INC (DHX) has a support level at 2.39 and a resistance level at 2.5. Check the full technical report for our detailed analysis of DHX support and resistance levels.