DXC TECHNOLOGY Technical Analysis (NYSE:DXC)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The DXC stock chart pattern can give those who understand technical analysis an indication of which way DXC stock is headed, but cannot predict with 100% certainty as to what can happen to the DXC TECHNOLOGY stock price.
See DXC TECHNOLOGY bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for DXC TECHNOLOGY stock analysis that does not care for the fair value of a company but uses price and volume data only.
DXC TECHNOLOGY Moving Average
Moving averages help predict the price direction of DXC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $102.33 is above the price of $101.4.
DXC TECHNOLOGY 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 DXC stock. Currently the stock price of $101.4 is in the lower range of DXC TECHNOLOGY bollinger bands.
DXC TECHNOLOGY 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 DXC TECHNOLOGY MACD indicator is below 0 indicating a bearish trend.
DXC TECHNOLOGY 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 . 68.12 is the RSI value of DXC stock.