Why The Descartes Systems Group Inc. (NASDAQ:DSGX) Is Picking Up (2019-12-04)

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REPORTING FOR 2019-12-04 | WCX19.ORG: We have done an in-depth analysis of how DSGX has been trading over the last 2 weeks and the past day especially. On its latest session, The Descartes Systems Group Inc. (NASDAQ:DSGX) opened at 42.37, reaching a high of 42.67 and a low of 42.02 before closing at a price of 42.03. There was a total volume of 80931.

VOLUME INDICATORS FOR THE DESCARTES SYSTEMS GROUP INC. (NASDAQ:DSGX): We saw an accumulation-distribution index of 371.14809, an on-balance volume of 42.86, chaikin money flow of 3.33333 and a force index of 0.512. There was an ease of movement rating of 0.00129, a volume-price trend of 4.34057 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR THE DESCARTES SYSTEMS GROUP INC. (NASDAQ:DSGX): We noted an average true range of 0.43443, bolinger bands of 42.30713, an upper bollinger band of 41.88287, lower bollinger band of 42.02, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 42.35333, high band keltner channel of 42.05333, low band keltner channel of 42.65333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 42.02, a donchian channel low band of 42.02, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR THE DESCARTES SYSTEMS GROUP INC. (NASDAQ:DSGX): We calculated a Moving Average Convergence Divergence (MACD) of 0.00337, a MACD signal of 0.00187, a MACD difference of 0.0015, a fast Exponential Moving Average (EMA) indicator of 42.02, a slow Exponential Moving Average (EMA) indicator of 42.02, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.5197, a trix of 6.829, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -3.93916, a KST Oscillator (KST) of 103.44205 and a KST Oscillator (KST Signal) of 103.44205 (leaving a KST difference of 0.98475). We also found an Ichimoku rating of 42.52, an Ichimoku B rating of 42.52, a Ichimoku visual trend A of 39.14101, an Ichimoku visual trend B of 39.95845, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR THE DESCARTES SYSTEMS GROUP INC. (NASDAQ:DSGX): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 91.83989, a stochastic oscillator of 216.66667, a stochastic oscillator signal of 216.66667, a Williams %R rating of 116.66667 and an awesome oscillator of 0.10275.

RETURNS FOR THE DESCARTES SYSTEMS GROUP INC. (NASDAQ:DSGX): There was a daily return of 10.3442, a daily log return of 0.35634 and a cumulative return of 0.35697.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-04 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for The Descartes Systems Group Inc. (NASDAQ:DSGX)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling The Descartes Systems Group Inc. (NASDAQ:DSGX) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Natalie Heinrich

Natalie is the founder of this publication and a passionate journalist. She has a major interest in politics and economics, and is committed to reporting on German news with the highest integrity. Natalie studied abroad in Australia for 2 years before entering the working world. She first started writing seriously and studying the world of journalism during her time in Sydney and ever since then wanted to start her own news organization.

Mailing address: Stresemannstr. 82, Wallerfangen Saarland, 66798
Phone contact: 06831 88 85 65
Email address: [email protected]
Natalie Heinrich

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    About Natalie Heinrich

    Natalie is the founder of this publication and a passionate journalist. She has a major interest in politics and economics, and is committed to reporting on German news with the highest integrity. Natalie studied abroad in Australia for 2 years before entering the working world. She first started writing seriously and studying the world of journalism during her time in Sydney and ever since then wanted to start her own news organization. Mailing address: Stresemannstr. 82, Wallerfangen Saarland, 66798 Phone contact: 06831 88 85 65 Email address: [email protected]