DESCARTES SYSTEMS GRP/THE (DSGX) Technical Analysis
NASDAQ:DSGX • CA2499061083
Current stock price
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 86% of all other stocks performed better in the past year than DSGX.
- 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.
- In the last month DSGX has a been trading in the 62.64 - 74.73 range, which is quite wide. It is currently trading near the high of this range.
- DSGX is part of the Software industry. There are 277 other stocks in this industry, DSGX did better than 54% of them.
DSGX Weekly and Daily overview Charts
DSGX Setup Rating and Analysis
DSGX has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
DSGX Support and Resistance Analysis
71.74
We can see 4 important resistance areas.
- A resistance zone ranging from 72.47 to 72.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @78.12 from a trend line in the daily time frame.
- Resistance @81.13 from a trend line in the daily time frame.
- Resistance @107.03 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 | 14.68 | NEGATIVE | DSGX has a low relative strength, it was outperformed by 85.32% 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) | 54.71 | NEUTRAL | The RSI value for DSGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.1 | POSITIVE | The MACD value suggests DSGX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.64 | NEUTRAL | The Stochastics value for DSGX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.22 | POSITIVE | The high ADX value value for DSGX suggests a strong trend. |
DSGX Chart- and CandleStick Pattern Analysis
DSGX Technicals: Chart, Performance Metrics, Trend & Indicators
72.46
+0.48 (+0.67%)
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 54.7123. 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 72.47. Check the full technical report for our detailed analysis of DSGX support and resistance levels.