DYNEX CAPITAL INC (DX) Stock Technical Analysis
USA - NYSE:DX - US26817Q8868 - REIT
Taking everything into account, DX scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DX is only an average performer.
Besides having an excellent technical rating, DX also presents 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. There is very little resistance above the current price.
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11.59
We found 2 important support areas.
- A support zone ranging from 12.09 to 12.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.71 to 11.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @13.62 from a trend 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 | UP | POSITIVE | The long term trend for DX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DX is up. |
| ChartMill Relative Strength | 69.77 | NEUTRAL | DX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.47 | NEUTRAL | The RSI value for DX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.97 | OVERBOUGHT | The high Stochastics value suggests DX may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for DX suggests low volalility. |
| Average Directional Index/ADX (14) | 18.5 | NEGATIVE | The low ADX value for DX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.63 | 13.11 | 0.52 (3.85%) | 25.00% |
| An entry @13.63. This is a Buy Stop order right above the resistance zone. | An exit @13.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.52 points, which is 3.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
13.59
-0.06 (-0.44%)
DYNEX CAPITAL INC / DX FAQ
What is the ChartMill technical rating of DYNEX CAPITAL INC (DX) stock?
ChartMill assigns a technical rating of 8 / 10 to DX.
What is the current trend direction of DYNEX CAPITAL INC (DX) stock?
The current trend direction for DYNEX CAPITAL INC (DX) is Bullish.
What is the RSI signal for DX stock?
DYNEX CAPITAL INC (DX) has an RSI value of 59.465. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DYNEX CAPITAL INC?
The short term momentum for DYNEX CAPITAL INC (DX) is positive.
What is the buy/sell signal for DX stock?
The buy/sell signal for DYNEX CAPITAL INC (DX) is buy as both the short term and long term trends are positive.