DOX Technical Analysis - AMDOCS LTD

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to DOX. DOX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

80% of all other stocks performed better in the past year than DOX.

In the last month DOX has a been trading in the 83.09 - 88.45 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been consolidating recently, but much resistance may still be present above.

DOX is an average performer in the IT Services industry, it outperforms 48% of 86 stocks in the same industry.

DOX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DOX is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, DOX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 82.21, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

81.39

95.02

We found 1 important support area.

A support zone ranging from 82.21 to 82.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

A resistance zone ranging from 83.98 to 87.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 89.60 to 89.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
A resistance zone ranging from 92.02 to 94.08. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	DOWN	NEGATIVE	The long term trend for DOX is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for DOX is down.
ChartMill Relative Strength	20.54	NEGATIVE	DOX has a low relative strength, it was outperformed by 79.46% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of DOX is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of DOX is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of DOX is below a declining SMA(200).
Relative Strength Index/RSI (14)	41.34	NEUTRAL	The RSI value for DOX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.07	NEGATIVE	The MACD value suggests DOX has a negative trend.
Stochastics (14,3)	27.48	NEUTRAL	The Stochastics value for DOX is a neutral value.
Average True Range in percent/ATR (20)	1.66	LOW VOLATILITY	The low ATR as a percentage value for DOX suggests low volalility.
Average Directional Index/ADX (14)	18.36	NEGATIVE	The low ADX value for DOX suggests a weak or negative trend.