DIXIE GROUP INC (DXYN) Stock Technical Analysis
NASDAQ:DXYN - Nasdaq - US2555191004 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to DXYN. DXYN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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. Certainly because the S&P500 Index is trading near new highs.
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 an average performer in the Household Durables industry, it outperforms 46% of 63 stocks in the same industry.
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
0.52
0.95
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.
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. |
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)
0.5301
-0.15 (-22.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-22.33%
1 Week-25.86%
2 Weeks-25.34%
1 Month-29.34%
3 Month-5.36%
6 Month1.94%
12 Month-5.34%
2 Year-51.81%
3 Year-88.45%
5 Year-72.95%
10 Year-93.27%
15 Year-80.72%
Volatility
ATR(14)0.09
ATR(20)%16.65%
ATR Inc80.31%
Range Today0.25
ADR(20)0.09
ADR(20)%16.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.42
Mansfield-3.1
10 Day High0.8
10 Day Low0.45
20 Day High0.82
20 Day Low0.45
52 Week High1
52 Week Low0.45
CS1 EndN/A
CR1 Start0.69
Volume & EV
DER(3)-18.04%
DER(5)-6.24%
Volume942.20K
Volume Incr357.83%
Vol(5)206.80K
Vol(50)70.87K