Dynex Capital Technical Analysis (NYSE:DX)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The DX stock chart pattern can give those who understand technical analysis an indication of which way DX stock is headed, but cannot predict with 100% certainty as to what can happen to the Dynex Capital stock price.
See Dynex Capital bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Dynex Capital stock analysis that does not care for the fair value of a company but uses price and volume data only.
Dynex Capital Moving Average
Moving averages show the average price of DX stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Dynex Capital are mostly signals of long term trends and will help long term traders.
Dynex Capital Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the DX stock. The stock price is trading between the average and the lower band in the context of Dynex Capital bollinger bands.
Dynex Capital Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Dynex Capital MACD indicator is below 0 indicating a bearish trend.
Dynex Capital Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 38.1 is the RSI value of DX stock.