DELUXE CORP (DLX) Stock Technical Analysis
USA - NYSE:DLX - US2480191012 - Common Stock
18.98 USD
0 (0%)
18.98 USD
0 (0%)
Overall DLX gets a technical rating of 6 out of 10. In the last year, DLX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
DLX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, DLX outperforms 59% of them, which is more or less in line with the market.
DLX is an average performer in the Commercial Services & Supplies industry, it outperforms 68% of 84 stocks in the same industry.
DLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DLX is lagging the market.
Although the technical rating is only medium, DLX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.97, a Stop Loss order could be placed below this zone.
More info and screens
16.62
21.74
We found 3 important support areas.
- A support zone ranging from 18.71 to 18.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.54 to 17.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.79 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 18.99 to 19.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.33 to 19.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.05 to 20.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.52 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 | NEUTRAL | NEUTRAL | The short term trend for DLX is neutral. |
| ChartMill Relative Strength | 59.56 | NEUTRAL | DLX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DLX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DLX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.01 | NEUTRAL | The RSI value for DLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DLX has a negative trend. |
| Stochastics (14,3) | 10.11 | OVERSOLD | The low Stochastics value suggests DLX may be oversold. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for DLX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.4 | NEUTRAL | The ADX value for DLX 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)
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 |
|---|---|---|---|
| 19.01 | 18.91 | 0.10 (0.53%) | 25.00% |
| An entry @19.01. This is a Buy Stop order right above the resistance zone. | An exit @18.91. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 0.53%. | For a 0.13% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DLX. Please evaluate whether better entry and exit points can be found.
- 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.
18.98
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0%
1 Week-2.62%
2 Weeks-2.67%
1 Month-0.68%
3 Month16.01%
6 Month29.91%
12 Month-1.5%
2 Year11.32%
3 Year3.26%
5 Year-11.47%
10 Year-68.13%
15 Year-7.14%
Volatility
ATR(14)0.41
ATR(20)%2.36%
ATR Inc-25.15%
Range Today0.3
ADR(20)0.43
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.56
Mansfield-0.82
10 Day High19.89
10 Day Low18.92
20 Day High20.38
20 Day Low18.92
52 Week High24.45
52 Week Low13.61
CS1 End18.97
CR1 Start18.99
Volume & EV
DER(3)-1.35%
DER(5)-0.95%
Volume288.00K
Volume Incr-5.1%
Vol(5)287.62K
Vol(50)350.13K