DESTINATION XL GROUP INC (DXLG) Technical Analysis
NASDAQ:DXLG • US25065K1043
Current stock price
DXLG Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to DXLG. Recently some decent action could be observed, but in the medium term time frame this is still negative. DXLG was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, DXLG is a bad performer in the overall market: 81% of all stocks are doing better.
- DXLG is part of the Specialty Retail industry. There are 123 other stocks in this industry, of which 62% are performing better than DXLG.
- DXLG 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 DXLG has a been trading in the 0.43 - 0.77 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DXLG Weekly and Daily overview Charts
DXLG Setup Rating and Analysis
DXLG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DXLG Support and Resistance Analysis
0.56
When analyzing the support we notice one important area.
- Support @0.57 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.58 from a horizontal line in the daily time frame.
DXLG Technical Indicator Signal Analysis
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 DXLG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXLG is up. |
| ChartMill Relative Strength | 19.78 | NEGATIVE | DXLG has a low relative strength, it was outperformed by 80.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXLG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXLG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DXLG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.66 | OVERBOUGHT | The high RSI value suggests DXLG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DXLG has a positive trend. |
| Stochastics (14,3) | 89.71 | OVERBOUGHT | The high Stochastics value suggests DXLG may be overbought. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for DXLG suggests high volalility. |
| Average Directional Index/ADX (14) | 29.95 | POSITIVE | The high ADX value value for DXLG suggests a strong trend. |
DXLG Chart- and CandleStick Pattern Analysis
DXLG Technicals: Chart, Performance Metrics, Trend & Indicators
0.7598
+0.13 (+20.79%)
DESTINATION XL GROUP INC / DXLG TA FAQ
What is the technical rating for DXLG stock?
ChartMill assigns a technical rating of 4 / 10 to DXLG.
What is the current trend direction of DESTINATION XL GROUP INC (DXLG) stock?
The current trend direction for DESTINATION XL GROUP INC (DXLG) is Bearish.
Can you provide the RSI signal for DESTINATION XL GROUP INC?
DESTINATION XL GROUP INC (DXLG) has an RSI value of 72.6584. This indicates that the stock is currently overbought.
What is the MACD signal for DESTINATION XL GROUP INC (DXLG) stock?
The MACD indicator for DESTINATION XL GROUP INC (DXLG) has a value of 0.0223021, indicating a bearish trend.
Can you provide the buy/sell signal for DESTINATION XL GROUP INC?
The buy/sell signal for DESTINATION XL GROUP INC (DXLG) is hold as the short term and long term trends are mixed.