DIXIE GROUP INC (DXYN) Technical Analysis
NASDAQ:DXYN • US2555191004
Current stock price
DXYN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DXYN. DXYN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, DXYN is a bad performer in the overall market: 78% of all stocks are doing better.
- DXYN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so DXYN is lagging the market.
- In the last month DXYN has a been trading in the 0.45 - 0.82 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- DXYN is part of the Household Durables industry. There are 60 other stocks in this industry, DXYN did better than 42% of them.
DXYN Weekly and Daily overview Charts
DXYN Setup Rating and Analysis
The technical rating of DXYN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DXYN Support and Resistance Analysis
0.52
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.69 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.86 from a trend line in the weekly time frame.
- Resistance @0.91 from a trend line in the daily time frame.
- Resistance @0.94 from a horizontal line in the daily time frame.
DXYN Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for DXYN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DXYN is down. |
| ChartMill Relative Strength | 22.42 | NEGATIVE | DXYN has a low relative strength, it was outperformed by 77.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DXYN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DXYN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DXYN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.27 | NEUTRAL | The RSI value for DXYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DXYN has a negative trend. |
| Stochastics (14,3) | 32.63 | NEUTRAL | The Stochastics value for DXYN is a neutral value. |
| Average True Range in percent/ATR (20) | 16.65 | HIGH VOLATILITY | The high ATR as a percentage value for DXYN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.11 | NEGATIVE | The low ADX value for DXYN suggests a weak or negative trend. |
DXYN Chart- and CandleStick Pattern Analysis
DXYN Technicals: Chart, Performance Metrics, Trend & Indicators
0.5301
-0.15 (-22.33%)
DIXIE GROUP INC / DXYN TA FAQ
Can you provide the ChartMill technical rating for DIXIE GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to DXYN.
Can you provide the trend direction for DIXIE GROUP INC?
The current trend direction for DIXIE GROUP INC (DXYN) is Bearish.
What is the RSI signal for DIXIE GROUP INC (DXYN) stock?
DIXIE GROUP INC (DXYN) has an RSI value of 30.2661. This indicates that the stock is currently neutral.
What is the MACD signal for DIXIE GROUP INC (DXYN) stock?
The MACD indicator for DIXIE GROUP INC (DXYN) has a value of -0.0128653, indicating a bearish trend.
What is the short term momentum for DIXIE GROUP INC (DXYN) stock?
The short term momentum for DIXIE GROUP INC (DXYN) is negative.