DYNEX CAPITAL INC (DX) Stock Technical Analysis
NYSE:DX - New York Stock Exchange, Inc. - US26817Q8868 - REIT - Currency: USD
Overall DX gets a technical rating of 0 out of 10. DX'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
71% of all other stocks performed better in the past year than DX.
In the last month DX has a been trading in the 11.70 - 12.66 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DX has an average volume of 4044680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DX is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 65 other stocks in this industry, DX did better than 46% of them.
DX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DX is lagging the market slightly.
DX 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
11.27
12.75
When analyzing the support we can see 2 important areas.
- Support @11.95 from a trend line in the daily time frame.
- A support zone ranging from 11.38 to 11.71. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.16 to 12.62. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for DX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DX is down. |
| ChartMill Relative Strength | 29.79 | NEGATIVE | DX has a low relative strength, it was outperformed by 70.21% off all stocks 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) | DOWN | NEGATIVE | The current price of DX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.24 | NEUTRAL | The RSI value for DX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.19 | NEUTRAL | The Stochastics value for DX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for DX suggests low volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for DX suggests a possible start of a new 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)
12.04
-0.07 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.58%
1 Week0.42%
2 Weeks-4.14%
1 Month-1.23%
3 Month-14.43%
6 Month-4.06%
12 Month-1.71%
2 Year7.12%
3 Year-26.14%
5 Year-6.38%
10 Year-48.35%
15 Year-57.4%
Volatility
ATR(14)0.2
ATR(20)%1.54%
ATR Inc-36.67%
Range Today0.15
ADR(20)0.17
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.79
Mansfield-0.73
10 Day High12.66
10 Day Low11.7
20 Day High12.66
20 Day Low11.7
52 Week High14.52
52 Week Low10.79
CS1 End11.95
CR1 Start12.16
Volume & EV
DER(3)-3.21%
DER(5)-0.73%
Volume4.06M
Volume Incr15.74%
Vol(5)3.62M
Vol(50)4.04M