DXC TECHNOLOGY CO (DXC) Stock Technical Analysis
NYSE:DXC - New York Stock Exchange, Inc. - US23355L1061 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to DXC. DXC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DXC is a bad performer in the overall market: 89% of all stocks are doing better.
DXC is one of the lesser performing stocks in the IT Services industry. 74% of 82 stocks in the same industry do better.
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.
In the last month DXC has a been trading in the 14.13 - 16.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
DXC has an average volume of 1839680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of DXC is bad and it also does not present a 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
13.88
21.29
We found 1 important support 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.
5 important resistance areas can be observed.
- Resistance @14.36 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 15.35 to 15.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.93 from a trend line in the daily time frame.
- A resistance zone ranging from 16.24 to 16.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.08 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 | NEUTRAL | NEUTRAL | The short term trend for DXC is neutral. |
| ChartMill Relative Strength | 11.89 | NEGATIVE | DXC has a low relative strength, it was outperformed by 88.11% 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) | 39.37 | NEUTRAL | The RSI value for DXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DXC has a negative trend. |
| Stochastics (14,3) | 38.75 | NEUTRAL | The Stochastics value for DXC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for DXC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.57 | 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)
14.3
-0.81 (-5.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-5.36%
1 Week-11.95%
2 Weeks-5.92%
1 Month-10.46%
3 Month-1.04%
6 Month-26.55%
12 Month-27.08%
2 Year-48.28%
3 Year-54.75%
5 Year-20.16%
10 Year-48.14%
15 Year-25.14%
Volatility
ATR(14)0.63
ATR(20)%4.28%
ATR Inc20.65%
Range Today0.74
ADR(20)0.58
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.89
Mansfield-2.94
10 Day High16.45
10 Day Low14.24
20 Day High16.45
20 Day Low14.13
52 Week High24.83
52 Week Low13.44
CS1 End14.21
CR1 Start14.36
Volume & EV
DER(3)-2.07%
DER(5)-3.11%
Volume1.81M
Volume Incr3.57%
Vol(5)1.93M
Vol(50)1.84M