DXC TECHNOLOGY CO. - Daily - Technical analysis published on 06/28/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
44%
0%
56%
My opinion
Bearish under 57.76 USD
My targets
50.09 USD (-6.90%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 57.76 USD remains possible. It is advisable to trade DXC TECHNOLOGY CO. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 57.76 USD. The next bearish objective for sellers is set at 50.09 USD. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 57.76 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DXC TECHNOLOGY CO. price is 53.80 USD. The price registered an increase of +0.34% on the session and was between 53.68 USD and 54.28 USD. This implies that the price is at +0.22% from its lowest and at -0.88% from its highest.53.68
54.28
53.80
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of DXC TECHNOLOGY CO. indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 50.09 | 53.80 | 57.76 | 69.21 | 78.50 |
| Change (%) | -6.90% | - | +7.36% | +28.64% | +45.91% |
| Change | -3.71 | - | +3.96 | +15.41 | +24.70 |
| Level | Major | - | Minor | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.60 | 52.41 | 53.02 | 53.83 | 54.44 | 55.25 | 55.86 |
| Camarilla | 53.23 | 53.36 | 53.49 | 53.62 | 53.75 | 53.88 | 54.01 |
| Woodie | 51.49 | 52.36 | 52.91 | 53.78 | 54.33 | 55.20 | 55.75 |
| Fibonacci | 52.41 | 52.96 | 53.29 | 53.83 | 54.38 | 54.71 | 55.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.38 | 50.56 | 52.50 | 53.68 | 55.62 | 56.80 | 58.74 |
| Camarilla | 53.58 | 53.87 | 54.15 | 54.44 | 54.73 | 55.01 | 55.30 |
| Woodie | 49.76 | 50.75 | 52.88 | 53.87 | 56.00 | 56.99 | 59.12 |
| Fibonacci | 50.56 | 51.75 | 52.49 | 53.68 | 54.87 | 55.61 | 56.80 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.86 | |
| MACD (12,26,9): | -0.1600 | |
| Directional Movement: | 4.49 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 52.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 52.81 | |
| Elder Ray (13): | 1.00 | |
| Super Trend (3,10): | 50.27 | |
| Zig ZAG (10): | 53.80 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 82.98 | |
| TEMA (21): | 53.87 | |
| Williams %R (14): | -19.96 | |
| Chande Momentum Oscillator (20): | 3.07 | |
| Repulse (5,40,3): | -1.4700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2600 | |
| Courbe Coppock: | 20.24 |
| MA7: | 53.90 | |
| MA20: | 51.22 | |
| MA50: | 56.03 | |
| MA100: | 60.58 | |
| MAexp7: | 53.56 | |
| MAexp20: | 52.90 | |
| MAexp50: | 55.28 | |
| MAexp100: | 58.79 | |
| Price / MA7: | -0.19% | |
| Price / MA20: | +5.04% | |
| Price / MA50: | -3.98% | |
| Price / MA100: | -11.19% | |
| Price / MAexp7: | +0.45% | |
| Price / MAexp20: | +1.70% | |
| Price / MAexp50: | -2.68% | |
| Price / MAexp100: | -8.49% |
News
Don"t forget to follow the news on DXC TECHNOLOGY CO.. At the time of publication of this analysis, the latest news was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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