DESCARTES SYSTEMS GRP/THE (DSGX) Stock Technical Analysis
NASDAQ:DSGX - Nasdaq - CA2499061083 - Common Stock - Currency: USD
Overall DSGX gets a technical rating of 1 out of 10. DSGX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, DSGX is a bad performer in the overall market: 62% of all stocks are doing better.
In the last month DSGX has a been trading in the 100.17 - 108.52 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
DSGX is an average performer in the Software industry, it outperforms 53% of 282 stocks in the same industry.
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.
The technical rating of DSGX is bad and it also does not present a quality setup 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
93.21
121.61
We found 2 important support areas.
- A support zone ranging from 98.79 to 102.09. This zone is formed by a combination of multiple trend lines 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 4 important areas.
- A resistance zone ranging from 103.93 to 105.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 113.11 to 113.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 115.94 to 116.93. 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 | NEUTRAL | NEUTRAL | The long term trend for DSGX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSGX is neutral. |
| ChartMill Relative Strength | 38.93 | 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) | DOWN | NEGATIVE | The current price of DSGX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.26 | NEUTRAL | The RSI value for DSGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests DSGX has a negative trend. |
| Stochastics (14,3) | 40.08 | NEUTRAL | The Stochastics value for DSGX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for DSGX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for DSGX suggests a weak or negative 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)
102.46
-1.32 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.27%
1 Week-3.12%
2 Weeks-3.75%
1 Month-1.87%
3 Month-4.65%
6 Month-14.51%
12 Month6.18%
2 Year36.69%
3 Year45.54%
5 Year68.11%
10 Year493.28%
15 Year1726.38%
Volatility
ATR(14)2.21
ATR(20)%2.16%
ATR Inc143.91%
Range Today3.62
ADR(20)2.17
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.93
Mansfield-1.17
10 Day High108.52
10 Day Low100.8
20 Day High108.52
20 Day Low100.17
52 Week High124.31
52 Week Low92
CS1 End102.09
CR1 Start103.93
Volume & EV
DER(3)0.72%
DER(5)1.15%
Volume392.20K
Volume Incr-24.58%
Vol(5)326.10K
Vol(50)432.40K