DXP Enterprises Stock Technical Analysis

DXPE
 Stock
  

USD 26.00  0.13  0.50%   

As of the 7th of December, DXP Enterprises shows the mean deviation of 1.78. DXP Enterprises technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for DXP Enterprises, which can be compared to its rivals. Please confirm DXP Enterprises treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if DXP Enterprises is priced fairly, providing market reflects its regular price of 26.0 per share. Given that DXP Enterprises has jensen alpha of (0.09), we urge you to verify DXP Enterprises's prevailing market performance to make sure the company can sustain itself at some point in the future.
  

DXP Enterprises Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DXP Enterprises, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DXP Enterprises
DXP Enterprises' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

DXP Enterprises Analyst Consensus

Target PriceAdvice# of Analysts
40.0Strong Buy1Odds
DXP Enterprises current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most DXP Enterprises analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand DXP Enterprises stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of DXP Enterprises, talking to its executives and customers, or listening to DXP Enterprises conference calls.
DXP Enterprises Analyst Advice Details
DXP Enterprises technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of DXP Enterprises technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DXP Enterprises trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

DXP Enterprises Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of DXP Enterprises volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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DXP Enterprises Trend Analysis

Use this graph to draw trend lines for DXP Enterprises. You can use it to identify possible trend reversals for DXP Enterprises as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual DXP Enterprises price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

DXP Enterprises Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DXP Enterprises applied against its price change over selected period. The best fit line has a slop of   0.029337  , which means DXP Enterprises will continue generating value for investors. It has 122 observation points and a regression sum of squares at 32.55, which is the sum of squared deviations for the predicted DXP Enterprises price change compared to its average price change.

About DXP Enterprises Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of DXP Enterprises on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of DXP Enterprises based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DXP Enterprises price pattern first instead of the macroeconomic environment surrounding DXP Enterprises. By analyzing DXP Enterprises's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of DXP Enterprises's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to DXP Enterprises specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.680.910.880.99
Interest Coverage3.391.892.172.23

DXP Enterprises December 7, 2022 Technical Indicators

Most technical analysis of DXP Enterprises help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for DXP Enterprises from various momentum indicators to cycle indicators. When you analyze DXP Enterprises charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

DXP Enterprises December 7, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as DXP Enterprises stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Investing Opportunities. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running DXP Enterprises price analysis, check to measure DXP Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DXP Enterprises is operating at the current time. Most of DXP Enterprises' value examination focuses on studying past and present price action to predict the probability of DXP Enterprises' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DXP Enterprises' price. Additionally, you may evaluate how the addition of DXP Enterprises to your portfolios can decrease your overall portfolio volatility.
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Is DXP Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DXP Enterprises. If investors know DXP Enterprises will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DXP Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.944
Market Capitalization
490.3 M
Quarterly Revenue Growth YOY
0.338
Return On Assets
0.0534
Return On Equity
0.1092
The market value of DXP Enterprises is measured differently than its book value, which is the value of DXP Enterprises that is recorded on the company's balance sheet. Investors also form their own opinion of DXP Enterprises' value that differs from its market value or its book value, called intrinsic value, which is DXP Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DXP Enterprises' market value can be influenced by many factors that don't directly affect DXP Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DXP Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine DXP Enterprises value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXP Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.