We assign a technical rating of 8 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.
Besides having an excellent technical rating, DXPE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
86.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 107.28 to 108.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @92.51 from a trend line in the weekly time frame.
- Support @87.83 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 125.40 to 127.63. 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 | UP | POSITIVE | The short term trend for DXPE is up. |
| ChartMill Relative Strength | 81.52 | POSITIVE | DXPE has a high relative strength, it outperformed 81.52% 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) | DOWN | MIXED | The current price of DXPE is above a declining 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) | 67.03 | NEUTRAL | The RSI value for DXPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.63 | POSITIVE | The MACD value suggests DXPE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.41 | OVERBOUGHT | The high Stochastics value suggests DXPE may be overbought. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for DXPE suggests some volalility. |
| Average Directional Index/ADX (14) | 30.29 | POSITIVE | The high ADX value value for DXPE suggests a strong trend. |
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 |
|---|---|---|---|
| 116.57 | 106.18 | 10.39 (8.91%) | 11.22% |
| An entry @116.57. This is a Buy Stop order right above the 10 day high. | An exit @106.18. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.39 points, which is 8.91%. | For a 1.00% total portfolio risk, you can invest 11.22% of your capital in this trade. |
- 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.
115.79
+0.79 (+0.69%)
DXP ENTERPRISES INC / DXPE FAQ
What is the technical rating for DXPE stock?
ChartMill assigns a technical rating of 8 / 10 to DXPE.
Can you provide the trend direction for DXP ENTERPRISES INC?
The current trend direction for DXP ENTERPRISES INC (DXPE) is Bullish.
What is the RSI signal for DXPE stock?
DXP ENTERPRISES INC (DXPE) has an RSI value of 67.0284. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DXP ENTERPRISES INC?
The MACD indicator for DXP ENTERPRISES INC (DXPE) has a value of 1.62881, indicating a bullish trend.
What is the short term momentum for DXP ENTERPRISES INC (DXPE) stock?
The short term momentum for DXP ENTERPRISES INC (DXPE) is positive.