DXP ENTERPRISES INC (DXPE) Stock Technical Analysis
NASDAQ:DXPE - Nasdaq - US2333774071 - Common Stock - Currency: USD
Overall DXPE gets a technical rating of 10 out of 10. In the last year, DXPE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DXPE did better than 94% of all other stocks. We also observe that the gains produced by DXPE over the past year are nicely spread over this period.
DXPE is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 91% of 48 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 75.58 - 91.91 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DXPE has an excellent technical rating, it does not offer a high quality setup 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
63.29
92.94
We found 4 important support areas.
- A support zone ranging from 78.93 to 79.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.00 from a horizontal line in the daily time frame.
- Support @74.14 from a trend line in the daily time frame.
- Support @63.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 92.02 to 92.02. 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 | 94.08 | POSITIVE | DXPE has a high relative strength, it outperformed 94.08% 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) | 66.86 | NEUTRAL | The RSI value for DXPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.29 | POSITIVE | The MACD value suggests DXPE has a positive trend. |
| Stochastics (14,3) | 97.85 | OVERBOUGHT | The high Stochastics value suggests DXPE may be overbought. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for DXPE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.72 | 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)
91.73
+1.55 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.72%
1 Week6.99%
2 Weeks16.6%
1 Month14.98%
3 Month24.89%
6 Month7.04%
12 Month110.34%
2 Year141.52%
3 Year169.79%
5 Year443.42%
10 Year149.95%
15 Year346.81%
Volatility
ATR(14)3.17
ATR(20)%3.14%
ATR Inc-24.83%
Range Today2.19
ADR(20)2.76
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.08
Mansfield1.48
10 Day High91.91
10 Day Low79.05
20 Day High91.91
20 Day Low75.58
52 Week High107.06
52 Week Low43.37
CS1 End79.15
CR1 Start92.02
Volume & EV
DER(3)4.58%
DER(5)1.75%
Volume49.70K
Volume Incr102.73%
Vol(5)233.80K
Vol(50)116.68K