DXC TECHNOLOGY CO (DXC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DXC - US23355L1061 - Common Stock
Taking everything into account, DXC scores 6 out of 10 in our technical rating. DXC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
DXC has an average technical rating and the quality of the presented setup is also 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
14.93
When analyzing the support we notice one important area.
- A support zone ranging from 15.08 to 15.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.44 to 15.44. 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 DXC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXC is up. |
| ChartMill Relative Strength | 26.34 | NEGATIVE | DXC has a low relative strength, it was outperformed by 73.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DXC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.19 | OVERBOUGHT | The high RSI value suggests DXC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests DXC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.47 | OVERBOUGHT | The high Stochastics value suggests DXC may be overbought. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for DXC suggests some volalility. |
| Average Directional Index/ADX (14) | 32.58 | POSITIVE | The high ADX value value for DXC suggests a strong 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 |
|---|---|---|---|
| 15.45 | 15.07 | 0.38 (2.46%) | 25.00% |
| An entry @15.45. This is a Buy Stop order right above the resistance zone. | An exit @15.07. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.38 points, which is 2.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of DXC. Please evaluate whether better entry and exit points can be found.
- 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.
15.43
+0.04 (+0.26%)
DXC TECHNOLOGY CO / DXC FAQ
What is the ChartMill technical rating of DXC TECHNOLOGY CO (DXC) stock?
ChartMill assigns a technical rating of 6 / 10 to DXC.
Can you provide the trend direction for DXC TECHNOLOGY CO?
The current trend direction for DXC TECHNOLOGY CO (DXC) is Bearish.
What is the RSI signal for DXC stock?
DXC TECHNOLOGY CO (DXC) has an RSI value of 70.1889. This indicates that the stock is currently overbought.
Can you provide the short term momentum for DXC TECHNOLOGY CO?
The short term momentum for DXC TECHNOLOGY CO (DXC) is positive.
Can you provide the support and resistance levels for DXC TECHNOLOGY CO?
DXC TECHNOLOGY CO (DXC) has a support level at 15.14 and a resistance level at 15.44. Check the full technical report for our detailed analysis of DXC support and resistance levels.