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DESCARTES SYSTEMS GRP/THE (DSG.CA) Stock Technical Analysis

TSX:DSG - Toronto Stock Exchange - CA2499061083 - Common Stock - Currency: CAD

168.07  +2.25 (+1.36%)

Technical Rating and Analysis

9

Overall DSG gets a technical rating of 9 out of 10. Both in the recent history as in the last year, DSG has proven to be a steady performer, scoring decent points in every aspect analyzed.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, DSG did better than 81% of all other stocks. We also observe that the gains produced by DSG over the past year are nicely spread over this period.
DSG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DSG is lagging the market slightly.
DSG is an average performer in the Software industry, it outperforms 58% of 68 stocks in the same industry.
In the last month DSG has a been trading in the 157.95 - 173.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DESCARTES SYSTEMS GRP/THE / DSG Weekly stock chart
DESCARTES SYSTEMS GRP/THE / DSG Daily stock chart
Setup Rating and Analysis

7

DSG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 167.04, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

134.30

174.79

4 important support areas can be observed.

  • A support zone ranging from 159.63 to 167.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @156.95 from a horizontal line in the daily time frame.
  • Support @143.57 from a trend line in the weekly time frame.
  • Support @135.66 from a trend line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 168.13 to 168.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 171.81 to 173.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.11
Mansfield0.99
10 Day High173.72
10 Day Low163.72
20 Day High173.72
20 Day Low157.95
52 Week High174.24
52 Week Low113.65
Performance
1 Week0.57%
2 Weeks-2.88%
1 Month3.21%
3 Month5.06%
6 Month26.66%
12 Month39.58%
2 Year67%
3 Year86.08%
5 Year201.58%
10 Year787.38%
15 Year2473.81%
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)
Technical Indicators
MACD(12,26,9)-0.24
RSI(14)52.41
LBB164.97
UBB172.97
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
168.79163.715.08 (3.01%)25.00%
An entry @168.79. This is a Buy Stop order right above the resistance zone.An exit @163.71. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 5.08 points, which is 3.01%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%.

  • The distance between exit and entry is rather small compared to the average daily movement of DSG. 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.
DESCARTES SYSTEMS GRP/THE / DSG Daily stock chart

DESCARTES SYSTEMS GRP/THE

TSX:DSG (2/5/2025, 7:00:00 PM)

168.07

+2.25 (+1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.36%
1 Week0.57%
2 Weeks-2.88%
1 Month3.21%
3 Month5.06%
6 Month26.66%
12 Month39.58%
2 Year67%
3 Year86.08%
5 Year201.58%
10 Year787.38%
15 Year2473.81%
Volatility
ATR(14)3.77
ATR(20)%2.01%
ATR Inc-26.33%
Range Today2.94
ADR(20)3.04
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.11
Mansfield0.99
10 Day High173.72
10 Day Low163.72
20 Day High173.72
20 Day Low157.95
52 Week High174.24
52 Week Low113.65
CS1 End167.04
CR1 Start168.13
Volume & EV
DER(3)-1.52%
DER(5)0.54%
Volume145.25K
Volume Incr18.07%
Vol(5)129.15K
Vol(50)152.53K