DXC TECHNOLOGY CO (DXC) Stock Technical Analysis
NYSE:DXC - New York Stock Exchange, Inc. - US23355L1061 - Common Stock - Currency: USD
Taking everything into account, DXC scores 0 out of 10 in our technical rating. DXC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than DXC.
DXC is part of the IT Services industry. There are 82 other stocks in this industry, of which 69% are performing better than DXC.
DXC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
DXC has an average volume of 1912860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DXC has a been trading in the 12.24 - 14.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DXC 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
12.71
21.07
When analyzing the support we notice one important area.
- A support zone ranging from 12.84 to 12.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 13.15 to 13.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.63 to 14.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.97 from a horizontal line in the daily time frame.
- Resistance @16.25 from a horizontal line in the weekly time frame.
- Resistance @20.86 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for DXC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DXC is down. |
| ChartMill Relative Strength | 9.91 | NEGATIVE | DXC has a low relative strength, it was outperformed by 90.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DXC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DXC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DXC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.05 | NEUTRAL | The RSI value for DXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests DXC has a negative trend. |
| Stochastics (14,3) | 31.23 | NEUTRAL | The Stochastics value for DXC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for DXC suggests some volalility. |
| Average Directional Index/ADX (14) | 38.12 | POSITIVE | The high ADX value value for DXC suggests a strong 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)
12.85
-0.29 (-2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-2.21%
1 Week-3.67%
2 Weeks-9.7%
1 Month-11.01%
3 Month-15.85%
6 Month-36.92%
12 Month-33.35%
2 Year-38.04%
3 Year-48.14%
5 Year-35.69%
10 Year-50.81%
15 Year-23.4%
Volatility
ATR(14)0.48
ATR(20)%3.6%
ATR Inc11.95%
Range Today0.74
ADR(20)0.45
ADR(20)%3.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.91
Mansfield-3.49
10 Day High14.3
10 Day Low12.24
20 Day High14.93
20 Day Low12.24
52 Week High24.83
52 Week Low12.24
CS1 End12.84
CR1 Start13.15
Volume & EV
DER(3)-0.63%
DER(5)-0.12%
Volume1.91M
Volume Incr3.07%
Vol(5)2.00M
Vol(50)1.91M