Stock Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
Destination XL Group, Inc (NASDAQ:DXLG)
Sidelines Mode (+50) - DXLG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DXLG can gain momentum.
Is it time to buy, sell, or avoid DXLG?
MarketClub looks at technical strength and momentum to determine if the timing is right for DXLG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DXLG
The long-term trend has been DOWN since Dec 8th, 2018 at 2.4000
The intermediate-term trend has been UP since Oct 8th, 2020 at 0.3082
The short-term trend has been UP since Oct 22nd, 2020 at 0.2989
Smart Scan Analysis for DXLG
Based on our trend formula, DXLG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.519||Year High Date||2018-11-06|
|Year Low||1.45||Year Low Date||2018-05-15|
|52wk High||1.8||52wk High Date||2019-10-01|
|52wk Low||0.2201||52wk Low Date||2020-03-18|
|Year End Close||4.2||Average Volume||6,090,848|
|Shares Outstanding||51,555||Short Interest||1,405,769|
|% Institutional||80||Market Cap||77M|