DHI GROUP INC (DHX) Stock Technical Analysis
NYSE:DHX - US23331S1006 - Common Stock
3.05 USD
+0.23 (+8.16%)
3.05 USD
0 (0%)
Overall DHX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DHX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DHX did better than 92% of all other stocks. We also observe that the gains produced by DHX over the past year are nicely spread over this period.
DHX is part of the Interactive Media & Services industry. There are 69 other stocks in this industry. DHX outperforms 86% of them.
DHX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DHX is lagging the market slightly.
In the last month DHX has a been trading in the 2.01 - 3.23 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
2.05
3.32
4 important support areas can be observed.
- A support zone ranging from 2.69 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.36 from a trend line in the weekly time frame.
- Support @2.22 from a trend line in the daily time frame.
- Support @2.07 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @3.08 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.28 to 3.29. This zone is formed by a combination of multiple trend lines in the daily 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 | 92.74 | POSITIVE | DHX has a high relative strength, it outperformed 92.74% 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) | 62.56 | NEUTRAL | The RSI value for DHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DHX has a positive trend. |
| Stochastics (14,3) | 82.81 | OVERBOUGHT | The high Stochastics value suggests DHX may be overbought. |
| Average True Range in percent/ATR (20) | 8.61 | HIGH VOLATILITY | The high ATR as a percentage value for DHX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.68 | NEUTRAL | The ADX value for DHX suggests a possible start of a new 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)
3.05
+0.23 (+8.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg8.16%
1 Week7.77%
2 Weeks19.61%
1 Month8.54%
3 Month28.69%
6 Month41.86%
12 Month85.98%
2 Year-0.33%
3 Year-43.31%
5 Year34.96%
10 Year-58.28%
15 Year-64.03%
Volatility
ATR(14)0.27
ATR(20)%8.61%
ATR Inc9.87%
Range Today0.42
ADR(20)0.25
ADR(20)%8.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.74
Mansfield3.35
10 Day High3.23
10 Day Low2.45
20 Day High3.23
20 Day Low2.01
52 Week High3.34
52 Week Low1.21
CS1 End2.73
CR1 Start3.08
Volume & EV
DER(3)25.16%
DER(5)11.74%
Volume319.38K
Volume Incr333.45%
Vol(5)410.89K
Vol(50)125.94K