DHI GROUP INC (DHX) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:DHX • US23331S1006
Overall DHX gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DHX was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, DHX is a bad performer in the overall market: 79% of all stocks are doing better.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- DHX is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, DHX did better than 69% of them.
- 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 1.59 - 2.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DHX has an average technical rating and it also 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
1.53
We found 1 important support area.
- A support zone ranging from 1.55 to 1.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The long term trend for DHX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DHX is neutral. |
| ChartMill Relative Strength | 21.29 | NEGATIVE | DHX has a low relative strength, it was outperformed by 78.71% 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 | MIXED | The current price of DHX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.22 | NEUTRAL | The RSI value for DHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DHX has a positive trend. |
| Stochastics (14,3) | 49.22 | NEUTRAL | The Stochastics value for DHX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for DHX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.65 | NEUTRAL | The ADX value for DHX suggests a possible start of a new trend. |
1.99
+0.07 (+3.65%)
DHI GROUP INC / DHX FAQ
What is the ChartMill technical rating of DHI GROUP INC (DHX) stock?
ChartMill assigns a technical rating of 4 / 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 Bearish.
What is the RSI signal for DHI GROUP INC (DHX) stock?
DHI GROUP INC (DHX) has an RSI value of 66.2165. 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 neutral.
What are the support and resistance levels for DHI GROUP INC (DHX) stock?
DHI GROUP INC (DHX) has a support level at 1.56 and a resistance level at 3.01. Check the full technical report for our detailed analysis of DHX support and resistance levels.