DELUXE CORP (DLX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DLX - US2480191012 - Common Stock
We assign a technical rating of 6 out of 10 to DLX. Although DLX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DLX has an average technical rating and also the quality of the setup is only medium 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.
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17.74
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.81 to 19.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.92 to 18.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.51 to 20.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.20 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 DLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DLX is up. |
| ChartMill Relative Strength | 32.81 | NEUTRAL | DLX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.65 | NEUTRAL | The RSI value for DLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DLX has a positive trend. |
| Stochastics (14,3) | 63.86 | NEUTRAL | The Stochastics value for DLX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for DLX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.38 | POSITIVE | The high ADX value value for DLX suggests a strong trend. |
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 |
|---|---|---|---|
| 20.87 | 18.55 | 2.32 (11.12%) | 9.00% |
| An entry @20.87. This is a Buy Stop order right above the resistance zone. | An exit @18.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.32 points, which is 11.12%. | When investing 9.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
20.09
-0.23 (-1.13%)
DELUXE CORP / DLX FAQ
What is the technical rating for DLX stock?
ChartMill assigns a technical rating of 6 / 10 to DLX.
What is the trend direction for DLX stock?
The current trend direction for DELUXE CORP (DLX) is Bullish.
Can you provide the RSI signal for DELUXE CORP?
DELUXE CORP (DLX) has an RSI value of 58.6535. This indicates that the stock is currently neutral.
What is the short term momentum for DLX stock?
The short term momentum for DELUXE CORP (DLX) is positive.
Can you provide the buy/sell signal for DELUXE CORP?
The buy/sell signal for DELUXE CORP (DLX) is buy as both the short term and long term trends are positive.