DESCARTES SYSTEMS GRP/THE (DSGX) Stock Technical Analysis
NASDAQ:DSGX - Nasdaq - CA2499061083 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to DSGX. DSGX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
DSGX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the performance of all stocks over the past year, DSGX turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
DSGX is part of the Software industry. There are 284 other stocks in this industry, DSGX did better than 50% of them.
DSGX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DSGX is lagging the market.
Although the technical rating is bad, DSGX 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 103.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 101.30, a Stop Loss order could be placed below this zone.
More info and screens
93.21
121.61
2 important support areas can be observed.
- A support zone ranging from 100.01 to 101.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.15 to 96.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 103.35 to 106.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 115.07 to 115.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @120.41 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for DSGX is down. |
| ChartMill Relative Strength | 48.88 | NEUTRAL | DSGX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DSGX is below a declining 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) | UP | MIXED | The current price of DSGX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.12 | NEUTRAL | The RSI value for DSGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests DSGX has a positive trend. |
| Stochastics (14,3) | 51.47 | NEUTRAL | The Stochastics value for DSGX is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGX suggests some volalility. |
| Average Directional Index/ADX (14) | 31.45 | POSITIVE | The high ADX value value for DSGX suggests a strong trend. |
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)
NASDAQ:DSGX (6/27/2025, 8:02:44 PM)
101.44
-0.64 (-0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.63%
1 Week2.24%
2 Weeks0.76%
1 Month-10.77%
3 Month1.2%
6 Month-11.05%
12 Month4.75%
2 Year26.63%
3 Year63.45%
5 Year91.76%
10 Year530.06%
15 Year1810.36%
Volatility
ATR(14)2.5
ATR(20)%3%
ATR Inc-28.8%
Range Today2.58
ADR(20)2.67
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.88
Mansfield-1.1
10 Day High104.4
10 Day Low97.3
20 Day High116.12
20 Day Low97.3
52 Week High124.31
52 Week Low90.61
CS1 End101.3
CR1 Start103.35
Volume & EV
DER(3)-2.91%
DER(5)-1.23%
Volume646.10K
Volume Incr10.42%
Vol(5)464.52K
Vol(50)330.59K