DXC TECHNOLOGY CO. - Daily - Technical analysis published on 12/27/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 22.33 USD
My targets
23.86 USD (+3.78%)
25.63 USD (+11.48%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DXC TECHNOLOGY CO.. As long as you are above the support located at 22.33 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 23.86 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 25.63 USD as an objective. Crossing it would then enable buyers to target 26.71 USD. If the support 22.33 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.6
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This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DXC TECHNOLOGY CO. price is 22.99 USD. On the day, this instrument gained +0.75% with the lowest point at 22.78 USD and the highest point at 23.15 USD. The deviation from the price is +0.92% for the low point and -0.69% for the high point.22.78
23.15
22.99
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this DXC TECHNOLOGY CO. chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, only 7 technical indicators out of 18 studied are currently bearish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 19.53 | 21.17 | 22.33 | 22.99 | 23.86 | 25.63 | 26.71 |
| Change (%) | -15.05% | -7.92% | -2.87% | - | +3.78% | +11.48% | +16.18% |
| Change | -3.46 | -1.82 | -0.66 | - | +0.87 | +2.64 | +3.72 |
| Level | Major | Minor | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.43 | 22.60 | 22.80 | 22.97 | 23.17 | 23.34 | 23.54 |
| Camarilla | 22.89 | 22.92 | 22.96 | 22.99 | 23.02 | 23.06 | 23.09 |
| Woodie | 22.44 | 22.61 | 22.81 | 22.98 | 23.18 | 23.35 | 23.55 |
| Fibonacci | 22.60 | 22.75 | 22.83 | 22.97 | 23.12 | 23.20 | 23.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.34 | 20.15 | 21.48 | 23.29 | 24.62 | 26.43 | 27.76 |
| Camarilla | 21.96 | 22.24 | 22.53 | 22.82 | 23.11 | 23.40 | 23.68 |
| Woodie | 18.11 | 20.03 | 21.25 | 23.17 | 24.39 | 26.31 | 27.53 |
| Fibonacci | 20.15 | 21.35 | 22.09 | 23.29 | 24.49 | 25.23 | 26.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.50 | 18.78 | 20.95 | 22.23 | 24.40 | 25.68 | 27.85 |
| Camarilla | 22.18 | 22.50 | 22.81 | 23.13 | 23.45 | 23.76 | 24.08 |
| Woodie | 17.96 | 19.00 | 21.41 | 22.45 | 24.86 | 25.90 | 28.31 |
| Fibonacci | 18.78 | 20.10 | 20.91 | 22.23 | 23.55 | 24.36 | 25.68 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.13 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | -5.68 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 23.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.97 | |
| Elder Ray (13): | -0.47 | |
| Super Trend (3,10): | 24.92 | |
| Zig ZAG (10): | 22.99 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 26.75 | |
| TEMA (21): | 23.48 | |
| Williams %R (14): | -67.40 | |
| Chande Momentum Oscillator (20): | -0.61 | |
| Repulse (5,40,3): | -2.1800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2800 | |
| Courbe Coppock: | 0.28 |
| MA7: | 23.53 | |
| MA20: | 23.61 | |
| MA50: | 22.33 | |
| MA100: | 21.51 | |
| MAexp7: | 23.26 | |
| MAexp20: | 23.37 | |
| MAexp50: | 22.78 | |
| MAexp100: | 22.75 | |
| Price / MA7: | -2.29% | |
| Price / MA20: | -2.63% | |
| Price / MA50: | +2.96% | |
| Price / MA100: | +6.88% | |
| Price / MAexp7: | -1.16% | |
| Price / MAexp20: | -1.63% | |
| Price / MAexp50: | +0.92% | |
| Price / MAexp100: | +1.05% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on DXC TECHNOLOGY CO. at the time of the generation of this analysis was as follows:
- Luxoft Honored with Avaloq Implementation Partner of the Year 2019 Award and Elevated to Premium Implementation Partner
- Luxoft and GoldenSource Announce Alliance to Accelerate the Delivery of Enterprise Management Data to the Financial Industry
- DXC Technology Completes Acquisition of Leading Digital Innovator Luxoft
This member declared not having a position on this financial instrument or a related financial instrument.
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