DENTSPLY SIRONA INC (XRAY) Stock Technical Analysis
NASDAQ:XRAY • US24906P1093
Overall XRAY gets a technical rating of 4 out of 10. In the last year, XRAY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, XRAY is a bad performer in the overall market: 78% of all stocks are doing better.
- XRAY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- XRAY has an average volume of 4211880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- XRAY is an average performer in the Health Care Equipment & Supplies industry, it outperforms 56% of 185 stocks in the same industry.
- In the last month XRAY has a been trading in the 11.79 - 14.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, XRAY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 12.52, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
11.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.46 to 12.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.99 to 12.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.77 to 13.94. 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 | NEUTRAL | NEUTRAL | The long term trend for XRAY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XRAY is neutral. |
| ChartMill Relative Strength | 22.57 | NEGATIVE | XRAY has a low relative strength, it was outperformed by 77.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XRAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XRAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XRAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.8 | NEUTRAL | The RSI value for XRAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests XRAY has a negative trend. |
| Stochastics (14,3) | 30.55 | NEUTRAL | The Stochastics value for XRAY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for XRAY suggests some volalility. |
| Average Directional Index/ADX (14) | 18.71 | NEGATIVE | The low ADX value for XRAY suggests a weak or negative trend. |
12.54
+0.02 (+0.16%)
DENTSPLY SIRONA INC / XRAY FAQ
What is the ChartMill technical rating of DENTSPLY SIRONA INC (XRAY) stock?
ChartMill assigns a technical rating of 4 / 10 to XRAY.
What is the trend direction for XRAY stock?
The current trend direction for DENTSPLY SIRONA INC (XRAY) is Bearish.
What is the RSI signal for DENTSPLY SIRONA INC (XRAY) stock?
DENTSPLY SIRONA INC (XRAY) has an RSI value of 48.7987. This indicates that the stock is currently neutral.
What is the support and resistance level for XRAY stock?
DENTSPLY SIRONA INC (XRAY) has a support level at 12.52 and a resistance level at 13.77. Check the full technical report for our detailed analysis of XRAY support and resistance levels.