We assign a technical rating of 0 out of 10 to DXF. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DXF is a bad performer in the overall market: 99% of all stocks are doing better.
- DXF is one of the lesser performing stocks in the Financial Services industry. 90% of 97 stocks in the same industry do better.
- DXF is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DXF has a been trading in the 1.32 - 2.59 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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 very little resistance above the current price. 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
1.45
We can see 3 important resistance areas.
- Resistance @1.76 from a trend line in the daily time frame.
- Resistance @1.96 from a trend line in the weekly time frame.
- Resistance @2.04 from a trend 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 | 1.74 | NEGATIVE | DXF has a low relative strength, it was outperformed by 98.26% 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) | 35.74 | NEUTRAL | The RSI value for DXF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DXF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.02 | OVERSOLD | The low Stochastics value suggests DXF may be oversold. |
| Average True Range in percent/ATR (20) | 23 | HIGH VOLATILITY | The high ATR as a percentage value for DXF suggests high volalility. |
| Average Directional Index/ADX (14) | 20.65 | NEUTRAL | The ADX value for DXF suggests a possible start of a new trend. |
1.46
-0.02 (-1.35%)
EASON TECHNOLOGY LIMITED / DXF FAQ
What is the technical rating for DXF stock?
ChartMill assigns a technical rating of 0 / 10 to DXF.
What is the current trend direction of EASON TECHNOLOGY LIMITED (DXF) stock?
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 35.744. This indicates that the stock is currently neutral.
What is the buy/sell signal for EASON TECHNOLOGY LIMITED (DXF) stock?
The buy/sell signal for EASON TECHNOLOGY LIMITED (DXF) is sell as both the short term and long term trends are negative.
What is the support and resistance level for DXF stock?
EASON TECHNOLOGY LIMITED (DXF) has a resistance level at 1.76. Check the full technical report for our detailed analysis of DXF support and resistance levels.