EASON TECHNOLOGY LIMITED (DXF) Stock Technical Analysis
NYSEARCA:DXF - NYSE Arca - US26605Q3048 - ADR - Currency: USD
Overall DXF gets a technical rating of 1 out of 10. In the last year, DXF was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, DXF is a bad performer in the overall market: 100% of all stocks are doing better.
DXF is part of the Financial Services industry. There are 99 other stocks in this industry, of which 94% are performing better than DXF.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month DXF has a been trading in the 5.70 - 8.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DXF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.80. Right above this resistance zone may be a good entry point.
More info and screens
6.25
7.04
We found 1 important support area.
- Support @6.31 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.80 to 6.97. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for DXF is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DXF is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | DXF has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DXF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DXF is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.26 | NEUTRAL | The RSI value for DXF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DXF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.99 | NEUTRAL | The Stochastics value for DXF is a neutral value. |
| Average True Range in percent/ATR (20) | 10.92 | HIGH VOLATILITY | The high ATR as a percentage value for DXF suggests high volalility. |
| Average Directional Index/ADX (14) | 26.61 | POSITIVE | The high ADX value value for DXF 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)
6.59
+0.17 (+2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg2.65%
1 Week5.95%
2 Weeks-1.64%
1 Month-17.62%
3 Month-13.63%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%10.92%
ATR Inc-36.83%
Range Today0.33
ADR(20)0.67
ADR(20)%10.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High7.2
10 Day Low6.1
20 Day High8.49
20 Day Low5.7
52 Week HighN/A
52 Week LowN/A
CS1 End6.31
CR1 Start6.8
Volume & EV
DER(3)-0.95%
DER(5)0.68%
Volume40.20K
Volume Incr-55.34%
Vol(5)74.56K
Vol(50)486.27K