We assign a technical rating of 2 out of 10 to DSGX. Recently some decent action could be observed, but in the medium term time frame this is still negative. DSGX was also a bad performer in the overall market in the last year.
DSGX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for DSGX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
78.48
We found 1 important support area.
- Support @79.27 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 92.75 to 94.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 98.78 to 99.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @104.01 from a horizontal line in the daily time frame.
- Resistance @109.86 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for DSGX is up. |
| ChartMill Relative Strength | 15.56 | NEGATIVE | DSGX has a low relative strength, it was outperformed by 84.44% 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 | MIXED | The current price of DSGX is above 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) | 56.8 | NEUTRAL | The RSI value for DSGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.34 | POSITIVE | The MACD value suggests DSGX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.13 | NEUTRAL | The Stochastics value for DSGX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGX suggests some volalility. |
| Average Directional Index/ADX (14) | 43.48 | POSITIVE | The high ADX value value for DSGX suggests a strong trend. |
90.71
-1.53 (-1.66%)
DESCARTES SYSTEMS GRP/THE / DSGX FAQ
What is the ChartMill technical rating of DESCARTES SYSTEMS GRP/THE (DSGX) stock?
ChartMill assigns a technical rating of 2 / 10 to DSGX.
What is the current trend direction of DESCARTES SYSTEMS GRP/THE (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 56.7965. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DESCARTES SYSTEMS GRP/THE?
The MACD indicator for DESCARTES SYSTEMS GRP/THE (DSGX) has a value of 1.34042, indicating a bullish trend.
Can you provide the short term momentum for DESCARTES SYSTEMS GRP/THE?
The short term momentum for DESCARTES SYSTEMS GRP/THE (DSGX) is positive.