Taking everything into account, DXF scores 0 out of 10 in our technical rating. DXF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, DXF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.55. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for DXF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.33
We found 1 important support area.
- A support zone ranging from 2.35 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 2.55 to 2.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.64 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.14 to 3.16. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @4.75 from a trend line in the daily time frame.
- Resistance @5.64 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 DXF is down. |
| 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DXF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.1 | NEUTRAL | The RSI value for DXF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DXF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.84 | NEUTRAL | The Stochastics value for DXF is a neutral value. |
| Average True Range in percent/ATR (20) | 13.14 | HIGH VOLATILITY | The high ATR as a percentage value for DXF suggests high volalility. |
| Average Directional Index/ADX (14) | 33.96 | POSITIVE | The high ADX value value for DXF suggests a strong trend. |
2.42
-0.09 (-3.59%)
EASON TECHNOLOGY LIMITED / DXF FAQ
What is the technical rating for DXF stock?
ChartMill assigns a technical rating of 0 / 10 to DXF.
Can you provide the trend direction for EASON TECHNOLOGY LIMITED?
The current trend direction for EASON TECHNOLOGY LIMITED (DXF) is Bearish.
What is the RSI signal for DXF stock?
EASON TECHNOLOGY LIMITED (DXF) has an RSI value of 42.1039. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for EASON TECHNOLOGY LIMITED?
The buy/sell signal for EASON TECHNOLOGY LIMITED (DXF) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for EASON TECHNOLOGY LIMITED?
EASON TECHNOLOGY LIMITED (DXF) has a support level at 2.37 and a resistance level at 2.55. Check the full technical report for our detailed analysis of DXF support and resistance levels.