Overall DOX 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. DOX was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, DOX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 84.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.21, a Stop Loss order could be placed below this zone.
74.15
We found 3 important support areas.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for DOX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOX is up. |
| ChartMill Relative Strength | 34.89 | NEUTRAL | DOX is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of DOX is above the rising 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) | 62.22 | NEUTRAL | The RSI value for DOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests DOX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.41 | OVERBOUGHT | The high Stochastics value suggests DOX may be overbought. |
| 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) | 25.34 | POSITIVE | The high ADX value value for DOX suggests a strong trend. |
83.77
-0.52 (-0.62%)
ChartMill assigns a technical rating of 5 / 10 to DOX.
The current trend direction for AMDOCS LTD (DOX) is Bearish.
AMDOCS LTD (DOX) has an RSI value of 62.2211. This indicates that the stock is currently neutral.
AMDOCS LTD (DOX) has a support level at 83.21 and a resistance level at 84.49. Check the full technical report for our detailed analysis of DOX support and resistance levels.