DYNEX CAPITAL INC (DX) Stock Technical Analysis
NYSE:DX - New York Stock Exchange, Inc. - US26817Q8868 - REIT - Currency: USD
Taking everything into account, DX scores 5 out of 10 in our technical rating. In the past year, DX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DX is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 87% of 65 stocks in the same industry.
In the last month DX has a been trading in the 11.76 - 12.90 range, which is quite wide. It is currently trading near the high of this range.
DX has an average volume of 3560050 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.
DX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DX is lagging the market.
DX has an average technical rating and it also does not offer a high 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
11.27
14.57
When analyzing the support we can see 4 important areas.
- Support @12.66 from a horizontal line in the daily time frame.
- A support zone ranging from 12.12 to 12.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.67 to 11.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.38 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.38 to 14.43. 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 | NEUTRAL | NEUTRAL | The long term trend for DX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DX is up. |
| ChartMill Relative Strength | 44.95 | 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) | 67.79 | NEUTRAL | The RSI value for DX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DX has a positive trend. |
| Stochastics (14,3) | 87.37 | OVERBOUGHT | The high Stochastics value suggests DX may be overbought. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for DX suggests low volalility. |
| Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for DX 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)
12.81
+0.26 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg2.07%
1 Week5%
2 Weeks4.91%
1 Month6.22%
3 Month5.61%
6 Month1.1%
12 Month8.65%
2 Year-1.84%
3 Year-23.75%
5 Year-17.09%
10 Year-42.06%
15 Year-55.98%
Volatility
ATR(14)0.22
ATR(20)%1.55%
ATR Inc66.49%
Range Today0.35
ADR(20)0.19
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.95
Mansfield-0.64
10 Day High12.9
10 Day Low11.76
20 Day High12.9
20 Day Low11.76
52 Week High14.52
52 Week Low10.79
CS1 End12.66
CR1 Start14.38
Volume & EV
DER(3)9.91%
DER(5)5.53%
Volume3.55M
Volume Incr18.23%
Vol(5)4.35M
Vol(50)3.56M