DHI GROUP INC (DHX) Technical Analysis
NYSE:DHX • US23331S1006
Current stock price
DHX Technical Rating and Analysis
Overall DHX gets a technical rating of 10 out of 10. 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that DHX is one of the better performing stocks in the market, outperforming 95% of all stocks.
- DHX is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 94% of 69 stocks in the same industry.
- 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.
- In the last month DHX has a been trading in the 2.20 - 2.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DHX Weekly and Daily overview Charts
DHX Setup Rating and Analysis
Besides having an excellent technical rating, DHX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for DHX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
DHX Support and Resistance Analysis
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We found 4 important support areas.
- Support @2.44 from a horizontal line in the daily time frame.
- Support @2.37 from a trend line in the daily time frame.
- Support @1.84 from a trend line in the daily time frame.
- Support @1.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.81 from a trend line in the daily time frame.
- Resistance @3.01 from a horizontal line in the weekly time frame.
- Resistance @3.08 from a horizontal line in the weekly time frame.
DHX Technical Indicator Signal Analysis
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 | 95.47 | POSITIVE | DHX has a high relative strength, it outperformed 95.47% 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) | 58.95 | NEUTRAL | The RSI value for DHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DHX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.5 | NEUTRAL | The Stochastics value for DHX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.58 | HIGH VOLATILITY | The high ATR as a percentage value for DHX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.62 | POSITIVE | The high ADX value value for DHX suggests a strong trend. |
DHX Chart- and CandleStick Pattern Analysis
DHX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.82 | 2.43 | 0.39 (13.83%) | 7.23% |
| An entry @2.82. This is a Buy Stop order right above the resistance zone. | An exit @2.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.39 points, which is 13.83%. | For a 1.00% total portfolio risk, you can invest 7.23% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DHX Technicals: Chart, Performance Metrics, Trend & Indicators
2.7
+0.01 (+0.37%)
DHI GROUP INC / DHX TA FAQ
What is the ChartMill technical rating of DHI GROUP INC (DHX) stock?
ChartMill assigns a technical rating of 10 / 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 58.9493. 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 2.44 and a resistance level at 2.81. Check the full technical report for our detailed analysis of DHX support and resistance levels.