DESCARTES SYSTEMS GRP/THE (DSGX) Technical Analysis
NASDAQ:DSGX • CA2499061083
Current stock price
70.96 USD
-2.35 (-3.21%)
At close:
70.96 USD
0 (0%)
After Hours:
DSGX Technical Rating and Analysis
Overall DSGX gets a technical rating of 1 out of 10. DSGX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, DSGX is a bad performer in the overall market: 87% of all stocks are doing better.
- DSGX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DSGX is lagging the market.
- DSGX is part of the Software industry. There are 278 other stocks in this industry, DSGX did better than 52% of them.
- In the last month DSGX has a been trading in the 63.28 - 75.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
DSGX Weekly and Daily overview Charts
DSGX Setup Rating and Analysis
DSGX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
DSGX Support and Resistance Analysis
70.25
107.67
4 important resistance areas can be observed.
- A resistance zone ranging from 71.73 to 73.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @79.69 from a trend line in the daily time frame.
- Resistance @82.80 from a trend line in the daily time frame.
- Resistance @106.60 from a trend line in the weekly time frame.
DSGX 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 DSGX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSGX is neutral. |
| ChartMill Relative Strength | 13.7 | NEGATIVE | DSGX has a low relative strength, it was outperformed by 86.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DSGX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DSGX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DSGX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.48 | NEUTRAL | The RSI value for DSGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests DSGX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.86 | NEUTRAL | The Stochastics value for DSGX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for DSGX suggests a possible start of a new trend. |
DSGX Chart- and CandleStick Pattern Analysis
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)
DSGX Technicals: Chart, Performance Metrics, Trend & Indicators
70.96
-2.35 (-3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.21%
1 Week-0.14%
2 Weeks1.36%
1 Month11.61%
3 Month-20.66%
6 Month-25.26%
12 Month-29.21%
2 Year-22.47%
3 Year-11.97%
5 Year16.5%
10 Year263.71%
15 Year965.47%
Volatility
ATR(14)2.89
ATR(20)%4.04%
ATR Inc-1.37%
Range Today2.52
ADR(20)2.6
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.7
3 months CRS18.02
6 months CRS19.83
Mansfield-2.6
10 Day High75.09
10 Day Low68.45
20 Day High75.09
20 Day Low63.28
52 Week High117.35
52 Week Low62.56
CS1 EndN/A
CR1 Start71.73
Volume & EV
DER(3)0.71%
DER(5)-0.72%
Volume454.30K
Volume Incr-34.93%
Vol(5)508.28K
Vol(50)784.55K
DESCARTES SYSTEMS GRP/THE / DSGX TA FAQ
What is the ChartMill technical rating of DESCARTES SYSTEMS GRP/THE (DSGX) stock?
ChartMill assigns a technical rating of 1 / 10 to DSGX.
What is the trend direction for DSGX stock?
The current trend direction for DESCARTES SYSTEMS GRP/THE (DSGX) is Bearish.
What is the RSI signal for DSGX stock?
DESCARTES SYSTEMS GRP/THE (DSGX) has an RSI value of 49.4834. This indicates that the stock is currently neutral.
What is the support and resistance level for DSGX stock?
DESCARTES SYSTEMS GRP/THE (DSGX) has a resistance level at 71.73. Check the full technical report for our detailed analysis of DSGX support and resistance levels.