We assign a technical rating of 9 out of 10 to DXPE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DXPE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that DXPE is one of the better performing stocks in the market, outperforming 76% of all stocks.
- DXPE is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry. DXPE outperforms 73% of them.
- DXPE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DXPE has a been trading in the 100.01 - 132.60 range, which is quite wide. It is currently trading near the high of this range.
DXPE has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
88.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 114.03 to 115.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @96.11 from a trend line in the weekly time frame.
- Support @89.30 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @128.55 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 DXPE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXPE is up. |
| ChartMill Relative Strength | 76.21 | POSITIVE | DXPE has a high relative strength, it outperformed 76.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXPE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXPE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DXPE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.54 | NEUTRAL | The RSI value for DXPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests DXPE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.32 | OVERBOUGHT | The high Stochastics value suggests DXPE may be overbought. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for DXPE suggests some volalility. |
| Average Directional Index/ADX (14) | 27.02 | POSITIVE | The high ADX value value for DXPE suggests a strong trend. |
127.25
+0.29 (+0.23%)
DXP ENTERPRISES INC / DXPE FAQ
What is the technical rating for DXPE stock?
ChartMill assigns a technical rating of 9 / 10 to DXPE.
What is the current trend direction of DXP ENTERPRISES INC (DXPE) stock?
The current trend direction for DXP ENTERPRISES INC (DXPE) is Bullish.
Can you provide the RSI signal for DXP ENTERPRISES INC?
DXP ENTERPRISES INC (DXPE) has an RSI value of 64.5352. This indicates that the stock is currently neutral.
What is the MACD signal for DXP ENTERPRISES INC (DXPE) stock?
The MACD indicator for DXP ENTERPRISES INC (DXPE) has a value of 1.01777, indicating a bullish trend.
Can you provide the buy/sell signal for DXP ENTERPRISES INC?
The buy/sell signal for DXP ENTERPRISES INC (DXPE) is buy as both the short term and long term trends are positive.