DELIXY HOLDINGS LTD (DLXY) Stock Technical Analysis
NASDAQ:DLXY • KYG2703G1038
Overall DLXY gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DLXY was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, DLXY is a bad performer in the overall market: 100% of all stocks are doing better.
- DLXY is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 95% of 207 stocks in the same industry do better.
- 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 short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month DLXY has a been trading in the 0.82 - 1.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, DLXY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
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0.74
3 important support areas can be observed.
- A support zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.84 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.75 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.09 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for DLXY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DLXY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DLXY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DLXY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLXY is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 55.09 | NEUTRAL | The RSI value for DLXY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DLXY has a positive trend. |
| Stochastics (14,3) | 69.05 | NEUTRAL | The Stochastics value for DLXY is a neutral value. |
| Average True Range in percent/ATR (20) | 10.17 | HIGH VOLATILITY | The high ATR as a percentage value for DLXY suggests high volalility. |
| Average Directional Index/ADX (14) | 48.19 | POSITIVE | The high ADX value value for DLXY suggests a strong trend. |
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-0.03 (-2.99%)
DELIXY HOLDINGS LTD / DLXY FAQ
What is the ChartMill technical rating of DELIXY HOLDINGS LTD (DLXY) stock?
ChartMill assigns a technical rating of 5 / 10 to DLXY.
What is the current trend direction of DELIXY HOLDINGS LTD (DLXY) stock?
The current trend direction for DELIXY HOLDINGS LTD (DLXY) is Bearish.
What is the RSI signal for DLXY stock?
DELIXY HOLDINGS LTD (DLXY) has an RSI value of 55.0922. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DELIXY HOLDINGS LTD?
The short term momentum for DELIXY HOLDINGS LTD (DLXY) is positive.
What are the support and resistance levels for DELIXY HOLDINGS LTD (DLXY) stock?
DELIXY HOLDINGS LTD (DLXY) has a support level at 0.89 and a resistance level at 1.09. Check the full technical report for our detailed analysis of DLXY support and resistance levels.