DYNEX CAPITAL INC (DX) Stock Technical Analysis
NYSE:DX • US26817Q8868
Overall DX gets a technical rating of 5 out of 10. DX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month DX has a been trading in the 13.69 - 14.93 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- DX is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 79% of 69 stocks in the same industry.
- DX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DX is lagging the market slightly.
- DX has an average volume of 6098880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, DX outperforms 44% of them, which is more or less in line with the market.
Although the technical rating is only medium, DX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.10, a Stop Loss order could be placed below this zone.
More info and screens
11.59
We found 5 important support areas.
- A support zone ranging from 13.81 to 14.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.52 from a horizontal line in the daily time frame.
- Support @12.72 from a trend line in the weekly time frame.
- Support @12.09 from a horizontal line in the weekly time frame.
- Support @11.71 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.66 to 14.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for DX is neutral. |
| ChartMill Relative Strength | 44.88 | NEUTRAL | DX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DX is below a declining 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) | 51.81 | NEUTRAL | The RSI value for DX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.63 | NEUTRAL | The Stochastics value for DX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for DX suggests low volalility. |
| Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for DX suggests a weak or negative trend. |
14.13
+0.12 (+0.86%)
DYNEX CAPITAL INC / DX FAQ
What is the ChartMill technical rating of DYNEX CAPITAL INC (DX) stock?
ChartMill assigns a technical rating of 5 / 10 to DX.
Can you provide the trend direction for DYNEX CAPITAL INC?
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 51.8079. This indicates that the stock is currently neutral.
What is the short term momentum for DYNEX CAPITAL INC (DX) stock?
The short term momentum for DYNEX CAPITAL INC (DX) is neutral.
What are the support and resistance levels for DYNEX CAPITAL INC (DX) stock?
DYNEX CAPITAL INC (DX) has a support level at 14.1 and a resistance level at 14.66. Check the full technical report for our detailed analysis of DX support and resistance levels.