DEXCOM INC (DXCM) Stock Technical Analysis
NASDAQ:DXCM - Nasdaq - US2521311074 - Common Stock - Currency: USD
Taking everything into account, DXCM scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DXCM is a bad performer.
When comparing the yearly performance of all stocks, DXCM is a bad performer in the overall market: 68% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
DXCM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
DXCM has an average volume of 4119360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DXCM is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, DXCM did better than 62% of them.
DXCM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DXCM is lagging the market slightly.
In the last month DXCM has a been trading in a tight range between 83.48 and 87.91.
DXCM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 88.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.67, a Stop Loss order could be placed below this zone.
More info and screens
83.66
138.69
When analyzing the support we notice one important area.
- A support zone ranging from 84.51 to 85.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 88.75 to 89.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @90.75 from a horizontal line in the daily time frame.
- Resistance @137.32 from a horizontal 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 | UP | POSITIVE | The long term trend for DXCM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXCM is up. |
| ChartMill Relative Strength | 32.92 | NEUTRAL | DXCM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DXCM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXCM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DXCM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for DXCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests DXCM has a negative trend. |
| Stochastics (14,3) | 58.54 | NEUTRAL | The Stochastics value for DXCM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for DXCM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.86 | POSITIVE | The high ADX value value for DXCM 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)
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 |
|---|---|---|---|
| 85.91 | 84.50 | 1.41 (1.64%) | 25.00% |
| An entry @85.91. This is a Buy Stop order right above the 10 day moving average. | An exit @84.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.41 points, which is 1.64%. | For a 0.41% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DXCM. 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.
85.68
-0.99 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.14%
1 Week0.2%
2 Weeks1.38%
1 Month1.19%
3 Month21.21%
6 Month11%
12 Month-26.11%
2 Year-33.33%
3 Year14.96%
5 Year-15.46%
10 Year328.51%
15 Year2864.71%
Volatility
ATR(14)1.98
ATR(20)%2.4%
ATR Inc1.34%
Range Today1.84
ADR(20)2.03
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.92
Mansfield0.23
10 Day High87.91
10 Day Low84.1
20 Day High87.91
20 Day Low83.48
52 Week High117.91
52 Week Low57.52
CS1 End85.67
CR1 Start88.75
Volume & EV
DER(3)2.2%
DER(5)1.46%
Volume2.07M
Volume Incr-37.19%
Vol(5)2.23M
Vol(50)4.12M