DXP ENTERPRISES INC (DXPE) Stock Technical Analysis
USA - NASDAQ:DXPE - US2333774071 - Common Stock
118.06 USD
-0.33 (-0.28%)
118.06 USD
0 (0%)
Overall DXPE gets a technical rating of 9 out of 10. In the last year, DXPE was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that DXPE is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, DXPE also shows a nice and consistent pattern of rising prices.
DXPE is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 97% of 50 stocks in the same industry.
DXPE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DXPE is lagging the market slightly.
In the last month DXPE has a been trading in the 110.51 - 129.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DXPE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 124.89. Right above this resistance zone may be a good entry point.
More info and screens
76.23
127.08
We found 5 important support areas.
- Support @113.86 from a horizontal line in the daily time frame.
- Support @87.67 from a trend line in the weekly time frame.
- Support @83.07 from a trend line in the daily time frame.
- Support @80.69 from a trend line in the weekly time frame.
- Support @77.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 124.89 to 125.82. This zone is formed by a combination of multiple trend lines 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 DXPE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DXPE is neutral. |
| ChartMill Relative Strength | 96.13 | POSITIVE | DXPE has a high relative strength, it outperformed 96.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DXPE is below a declining 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) | 50.52 | NEUTRAL | The RSI value for DXPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.49 | NEGATIVE | The MACD value suggests DXPE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.86 | NEUTRAL | The Stochastics value for DXPE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for DXPE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.81 | NEUTRAL | The ADX value for DXPE suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 120.97 | 113.85 | 7.12 (5.88%) | 16.99% |
| An entry @120.97. This is a Buy Stop order right above the 10 day moving average. | An exit @113.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.12 points, which is 5.88%. | For a 1.00% total portfolio risk, you can invest 16.99% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DXPE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
118.06
-0.33 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.28%
1 Week-5.03%
2 Weeks-5.44%
1 Month-0.59%
3 Month54.13%
6 Month38%
12 Month136.64%
2 Year237.89%
3 Year398.56%
5 Year631.93%
10 Year332.77%
15 Year522.02%
Volatility
ATR(14)5.09
ATR(20)%4.41%
ATR Inc-13.43%
Range Today3.66
ADR(20)5.04
ADR(20)%4.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.13
Mansfield2.46
10 Day High129.56
10 Day Low110.51
20 Day High129.56
20 Day Low110.51
52 Week High129.56
52 Week Low48.45
CS1 End113.86
CR1 Start124.89
Volume & EV
DER(3)-0.8%
DER(5)-1.3%
Volume123.00K
Volume Incr24.91%
Vol(5)192.78K
Vol(50)198.38K