DYNEX CAPITAL INC (DX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DX - US26817Q8868 - REIT
Overall DX gets a technical rating of 8 out of 10. 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.
Although DX has an excellent technical rating, the quality of the presented setup is not ideal 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
11.59
We found 5 important support areas.
- A support zone ranging from 13.70 to 13.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.11 from a horizontal line in the daily time frame.
- A support zone ranging from 12.40 to 12.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.09 to 12.19. 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.
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 | 73.39 | POSITIVE | DX has a high relative strength, it outperformed 73.39% off all stocks 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) | 66.69 | NEUTRAL | The RSI value for DX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DX has a positive trend. |
| Stochastics (14,3) | 85.27 | OVERBOUGHT | The high Stochastics value suggests DX may be overbought. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for DX suggests low volalility. |
| Average Directional Index/ADX (14) | 15 | 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 |
|---|---|---|---|
| 14.07 | 13.69 | 0.38 (2.70%) | 25.00% |
| An entry @14.07. This is a Buy Stop order right above the 10 day high. | An exit @13.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.38 points, which is 2.70%. | For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
14.03
+0.15 (+1.08%)
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 66.6932. 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.