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Uptrend SupportArchive - 4/5/2024 - Sign In to see current Signals. |
DENTSPLY International Inc. (XRAY) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the DENTSPLY International Inc. (XRAY). During the week, the XRAY dropped -0.88 points, or -2.65%, and closed at 32.31 on Friday, April 5, 2024. Weekly volume was 400% above average. XRAY is a member of Health Care Supplies Industry. Health Care Supplies is the tenth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See XRAY long-term trend chart] A long-term downtrend had started on May 10, 2021 at 69.54 and reached 26.27 on November 2, 2023. XRAY lost 43.27 points, or 62.22%, in 129 weeks. The price is now at the 13.96% retracement level. Medium-term trend: [See XRAY medium-term trend chart] A medium-term downtrend had started on January 10, 2024 at 37.60 and reached 31.50 on April 2, 2024. XRAY lost 6.10 points, or 16.22%, in 11 weeks. The chart has formed a Descending Triangle chart pattern. The price is near the trend support (32.31) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend. Weekly Technical Indicators: [See XRAY weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help. Short-term trend: [See XRAY short-term trend chart] A short-term downtrend had started on March 13, 2024 at 34.28 and reached 31.50 on April 2, 2024. XRAY lost 2.78 points, or 8.11%, in 20 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 31.17 and resistance is at 32.75. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend. Daily Technical Indicators: [See XRAY daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. A Parabolic SAR (stop and reversal) indicator (32.52) comes close to the price (32.31). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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