|
|
Uptrend SupportArchive
- 4/26/2024 -
Sign In to see current Signals. |
DENTSPLY International Inc. (XRAY) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the DENTSPLY International Inc. (XRAY). During the week, the XRAY climbed 0.07 points, or 0.23%, and closed at 30.57 on Friday, April 26, 2024. Weekly volume was -13% below average.
XRAY is a member of Health Care Sector. Health Care is the second most oversold sector. 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 January 10, 2024 at 37.60 and reached 30.10 on April 25, 2024. XRAY lost 7.50 points, or 19.95%, in 15 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 30.14 and resistance is at 31.84. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
 Medium-term trend: [See XRAY medium-term trend chart]
A medium-term downtrend had started on February 29, 2024 at 34.91 and reached 30.10 on April 25, 2024. XRAY lost 4.81 points, or 13.78%, in 8 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 29.76 and resistance is at 32.10. 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 medium-term trend.
 Weekly Technical Indicators: [See XRAY weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 28, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See XRAY short-term trend chart]
A short-term uptrend had started on April 25, 2024 at 30.10 and reached 30.79 on April 26, 2024. XRAY gained -0.69 points, or -2.29%, in 1 days. The price is now at the 31.88% retracement level.
 Daily Technical Indicators: [See XRAY daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.
The daily MACD line is below its signal line since April 10, 2024. The distance between MACD and the signal line is low and getting smaller.
A Parabolic SAR (stop and reversal) indicator (30.82) comes close to the price (30.57). 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.
| |
|
|