DXP ENTERPRISES INC (DXPE) Stock Technical Analysis
NASDAQ:DXPE - Nasdaq - US2333774071 - Common Stock - Currency: USD
Taking everything into account, DXPE scores 10 out of 10 in our technical rating. 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.
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.
DXPE is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 95% of 48 stocks in the same industry.
DXPE is currently making a new 52 week high. This is a strong signal. 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 87.05 - 114.91 range, which is quite wide. It is currently trading near the high of this range.
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 present a decent entry opportunity 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
74.07
111.64
We found 4 important support areas.
- A support zone ranging from 81.97 to 82.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @78.81 from a trend line in the weekly time frame.
- Support @77.00 from a horizontal line in the daily time frame.
- Support @74.82 from a trend line in the daily 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 | 94.7 | POSITIVE | DXPE has a high relative strength, it outperformed 94.7% 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) | 75.12 | OVERBOUGHT | The high RSI value suggests DXPE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.32 | POSITIVE | The MACD value suggests DXPE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.31 | OVERBOUGHT | The high Stochastics value suggests DXPE may be overbought. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for DXPE suggests some volalility. |
| Average Directional Index/ADX (14) | 41.31 | POSITIVE | The high ADX value value for DXPE suggests a strong 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)
110.53
-1.23 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.1%
1 Week10.85%
2 Weeks11.25%
1 Month26.1%
3 Month20.12%
6 Month9.12%
12 Month121.19%
2 Year191.02%
3 Year225.09%
5 Year554.8%
10 Year201.17%
15 Year438.38%
Volatility
ATR(14)4.31
ATR(20)%3.56%
ATR Inc3.07%
Range Today4.94
ADR(20)3.84
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.7
Mansfield3.06
10 Day High114.91
10 Day Low93.64
20 Day High114.91
20 Day Low87.05
52 Week High114.91
52 Week Low45
CS1 End82.56
CR1 StartN/A
Volume & EV
DER(3)0.1%
DER(5)0.91%
Volume211.30K
Volume Incr-5.1%
Vol(5)228.94K
Vol(50)170.08K