AMDOCS LTD (DOX) Stock Technical Analysis
USA - NASDAQ:DOX - GB0022569080 - Common Stock
We assign a technical rating of 1 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.
DOX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 85.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.99, a Stop Loss order could be placed below this zone.
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79.66
When analyzing the support we notice one important area.
- A support zone ranging from 80.46 to 83.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 85.80 to 86.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @89.60 from a horizontal line 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.
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 | NEUTRAL | NEUTRAL | The short term trend for DOX is neutral. |
| ChartMill Relative Strength | 24.18 | NEGATIVE | DOX has a low relative strength, it was outperformed by 75.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DOX is above 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) | 54.74 | NEUTRAL | The RSI value for DOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests DOX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.78 | NEUTRAL | The Stochastics value for DOX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for DOX suggests low volalility. |
| Average Directional Index/ADX (14) | 18.81 | NEGATIVE | The low ADX value for DOX suggests a weak or negative trend. |
84.13
-0.13 (-0.15%)
AMDOCS LTD / DOX FAQ
What is the ChartMill technical rating of AMDOCS LTD (DOX) stock?
ChartMill assigns a technical rating of 1 / 10 to DOX.
What is the current trend direction of AMDOCS LTD (DOX) stock?
The current trend direction for AMDOCS LTD (DOX) is Bearish.
What is the RSI signal for DOX stock?
AMDOCS LTD (DOX) has an RSI value of 54.7378. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for AMDOCS LTD?
AMDOCS LTD (DOX) has a support level at 83.99 and a resistance level at 85.8. Check the full technical report for our detailed analysis of DOX support and resistance levels.