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 1 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% 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 70% are performing better than DXC.
DXC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
DXC has an average volume of 1698390 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 14.13 - 16.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, DXC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 14.21, a Stop Loss order could be placed below this zone.
More info and screens
13.88
23.06
When analyzing the support we notice one important area.
- A support zone ranging from 14.02 to 14.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 15.10 to 15.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.65 to 15.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.25 from a horizontal line in the weekly time frame.
- Resistance @16.94 from a horizontal line in the daily time frame.
- Resistance @21.17 from a trend line in the weekly time frame.
- Resistance @22.83 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for DXC is neutral. |
| ChartMill Relative Strength | 15.37 | NEGATIVE | DXC has a low relative strength, it was outperformed by 84.63% 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) | UP | MIXED | The current price of DXC is below the rising 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) | 46.75 | NEUTRAL | The RSI value for DXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DXC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.24 | NEUTRAL | The Stochastics value for DXC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for DXC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for DXC 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)
15.03
-0.17 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.12%
1 Week5.7%
2 Weeks-5.23%
1 Month-2.78%
3 Month-12%
6 Month-25.59%
12 Month-21.27%
2 Year-43.75%
3 Year-50.41%
5 Year-8.91%
10 Year-45.66%
15 Year-21.18%
Volatility
ATR(14)0.5
ATR(20)%3.2%
ATR Inc7.72%
Range Today0.71
ADR(20)0.45
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.37
Mansfield-2.56
10 Day High15.99
10 Day Low14.13
20 Day High16.04
20 Day Low14.13
52 Week High24.83
52 Week Low13.44
CS1 End14.21
CR1 Start15.1
Volume & EV
DER(3)1.09%
DER(5)1.91%
Volume1.95M
Volume Incr-6.32%
Vol(5)1.79M
Vol(50)1.70M