DEXCOM INC. - Daily - Technical analysis published on 07/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 143.43 USD
My targets
152.73 USD (+1.23%)
My analysis
The bullish trend is currently very strong on DEXCOM INC.. As long as the price remains above the support at 143.43 USD, you could try to benefit from the boom. The first bullish objective is located at 152.73 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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 DEXCOM INC. rating is 150.88 USD. The price registered an increase of +2.10% on the session and was between 148.08 USD and 152.95 USD. This implies that the price is at +1.89% from its lowest and at -1.35% from its highest.148.08
152.95
150.88
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this DEXCOM INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a slightly bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 124.50 | 136.72 | 143.43 | 150.88 | 152.73 |
| Change (%) | -17.48% | -9.38% | -4.94% | - | +1.23% |
| Change | -26.38 | -14.16 | -7.45 | - | +1.85 |
| Level | Major | Minor | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 141.29 | 142.63 | 145.21 | 146.55 | 149.12 | 150.47 | 153.04 |
| Camarilla | 146.70 | 147.06 | 147.42 | 147.78 | 148.14 | 148.50 | 148.86 |
| Woodie | 141.91 | 142.94 | 145.82 | 146.86 | 149.74 | 150.77 | 153.66 |
| Fibonacci | 142.63 | 144.13 | 145.05 | 146.55 | 148.04 | 148.97 | 150.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 129.42 | 135.37 | 141.18 | 147.12 | 152.93 | 158.88 | 164.69 |
| Camarilla | 143.76 | 144.84 | 145.91 | 146.99 | 148.07 | 149.15 | 150.22 |
| Woodie | 129.36 | 135.33 | 141.11 | 147.09 | 152.87 | 158.84 | 164.62 |
| Fibonacci | 135.37 | 139.86 | 142.63 | 147.12 | 151.61 | 154.39 | 158.88 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.35 | |
| MACD (12,26,9): | 4.3400 | |
| Directional Movement: | 8.59 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 150.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 139.23 | |
| Elder Ray (13): | 3.82 | |
| Super Trend (3,10): | 156.30 | |
| Zig ZAG (10): | 150.88 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 48.51 | |
| TEMA (21): | 150.83 | |
| Williams %R (14): | -36.23 | |
| Chande Momentum Oscillator (20): | 0.08 | |
| Repulse (5,40,3): | 3.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6000 | |
| Courbe Coppock: | 1.60 |
| MA7: | 147.39 | |
| MA20: | 148.14 | |
| MA50: | 132.00 | |
| MA100: | 131.41 | |
| MAexp7: | 147.75 | |
| MAexp20: | 144.58 | |
| MAexp50: | 137.05 | |
| MAexp100: | 133.28 | |
| Price / MA7: | +2.37% | |
| Price / MA20: | +1.85% | |
| Price / MA50: | +14.30% | |
| Price / MA100: | +14.82% | |
| Price / MAexp7: | +2.12% | |
| Price / MAexp20: | +4.36% | |
| Price / MAexp50: | +10.09% | |
| Price / MAexp100: | +13.21% |
News
Don"t forget to follow the news on DEXCOM INC.. At the time of publication of this analysis, the latest news was as follows:
- Dexcom and Companion Medical Announce Collaboration to Integrate Dexcom CGM Data and InPen™ Insulin Data
- Spruce Point Capital Releases A Strong Sell Research Opinion On DexCom, Inc. (NASD: DXCM)
- Dexcom Reports Fourth Quarter and Fiscal Year 2018 Financial Results
- CIT GAP Funds Portfolio Company, TypeZero Technologies, Acquired by Dexcom
- Federal Court Judge Awards AgaMatrix Attorneys' Fees While Admonishing Dexcom for "Bad Faith" Lawsuit
This member declared not having a position on this financial instrument or a related financial instrument.
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