RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DHX
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Green day on Wednesday for DHI Group Inc
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Gain 0.78% PDF

The DHI Group Inc stock price gained 0.775% on the last trading day (Wednesday, 27th Mar 2024), rising from $2.58 to $2.60. During the last trading day the stock fluctuated 4.28% from a day low at $2.57 to a day high of $2.68. The price has been going up and down for this period, and there has been a 2.77% gain for the last 2 weeks. Volume fell on the last day by -82 thousand shares and in total, 67 thousand shares were bought and sold for approximately $174.64 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.88% during the next 3 months and, with a 90% probability hold a price between $2.47 and $3.26 at the end of this 3-month period.

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DHX Signals & Forecast

The DHI Group Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $2.58 and $2.59. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -9.41%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for DHI Group Inc stock

DHI Group Inc finds support from accumulated volume at $2.55 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.110 between high and low, or 4.28%. For the last week the stock has had daily average volatility of 5.02%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DHX) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect DHI Group Inc to open at $2.62, and during the day (based on 14 day Average True Range), to move between $2.43 and $2.77, which gives a possible trading interval of +/-$0.165 (+/-6.36%) up or down from last closing price. If DHI Group Inc takes out the full calculated possible swing range there will be an estimated 12.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $2.65 (1.92%) than the support at $2.55 (1.92%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is DHI Group Inc stock A Buy?

The DHI Group Inc stock holds several negative signals and despite the positive trend, we believe DHI Group Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.881 Sell Candidate Unchanged

Predicted Opening Price for DHI Group Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$2.62 ( 0.641%) $2.60

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DHX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.73 4.87 %
R2 2.68 3.26 %
R1 2.66 2.26 %
Current price: 2.60
Support S1 2.57 -0.98 %
S2 2.55 -1.97 %
S3 2.51 -3.59 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.87 10.38 %
R2 2.70 3.85 %
R1 2.65 1.92 %
Current price 2.60
Support S1 2.55 -1.92%
S2 2.52 -3.08%
S3 2.42 -6.92%

FAQ

What is the symbol for DHI Group Inc Stock and on which exchange is it traded?
The symbol for DHI Group Inc is DHX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell DHI Group Inc Stock?
The DHI Group Inc stock holds several negative signals and despite the positive trend, we believe DHI Group Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy DHI Group Inc Stock?
DHI Group Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy DHI Group Inc Stock.

What's the current price of DHI Group Inc Stock?
As of the end of day on the 2024-03-27, the price of an DHI Group Inc (DHX) share was $2.60.

What is the 52-week high and low for DHI Group Inc Stock?
The 52-week high for DHI Group Inc Stock is $4.22 and the 52-week low is $1.97.

What is the market capitalization of DHI Group Inc Stock?
As of the 2024-03-27, the market capitalization of DHI Group Inc is 124.885M.

When is the next earnings date for DHI Group Inc?
The upcoming earnings date for DHI Group Inc is May 08, 2024.
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About DHI Group Inc

DHI Group DHI Group, Inc. provides data, insights, and employment connections through specialized services for technology professionals in the United States, the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, da... DHX Profile

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