Destination OTC Stock Technical Analysis

DXLG -  USA Stock  

USD 4.94  0.02  0.40%

As of the 30th of July, Destination shows the Mean Deviation of 4.13, coefficient of variation of 297.81, and Downside Deviation of 3.55. Destination XL Group 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 break down and interpolate nineteen technical drivers for Destination XL Group, which can be compared to its rivals. Please confirm Destination XL Group variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Destination XL Group is priced favorably, providing market reflects its regular price of 4.94 per share. Given that Destination has jensen alpha of 2.07, we urge you to verify Destination XL Group's prevailing market performance to make sure the company can sustain itself at a future point.

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Destination Analyst Consensus

Target PriceAdvice# of Analysts
7.5Strong Buy1Odds
Destination XL Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Destination 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 Destination stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Destination XL Group, talking to its executives and customers, or listening to Destination conference calls.
Destination Analyst Advice Details
Destination technical otc 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 Destination technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Destination 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...

Destination XL Group 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 Destination XL Group volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Destination XL Group Trend Analysis

Use this graph to draw trend lines for Destination XL Group. You can use it to identify possible trend reversals for Destination 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 Destination price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Destination Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Destination XL Group applied against its price change over selected period. The best fit line has a slop of   0.049361  , which means Destination XL Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 92.15, which is the sum of squared deviations for the predicted Destination price change compared to its average price change.

About Destination 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 Destination XL Group 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 Destination XL Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Destination XL Group stock first instead of the macroeconomic environment surrounding Destination XL Group. By analyzing Destination'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 Destination'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 Destination specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 (projected)
Long Term Debt to Equity0.290.31
Interest Coverage8.6412.34

Destination July 30, 2021 Technical Indicators

Most technical analysis of Destination 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 Destination from various momentum indicators to cycle indicators. When you analyze Destination 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.

Destination July 30, 2021 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 Destination 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. Note that the Destination XL Group information on this page should be used as a complementary analysis to other Destination's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Destination OTC Stock analysis

When running Destination XL Group price analysis, check to measure Destination's 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 Destination is operating at the current time. Most of Destination's value examination focuses on studying past and present price action to predict the probability of Destination's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Destination's price. Additionally, you may evaluate how the addition of Destination to your portfolios can decrease your overall portfolio volatility.
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The market value of Destination XL Group is measured differently than its book value, which is the value of Destination that is recorded on the company's balance sheet. Investors also form their own opinion of Destination's value that differs from its market value or its book value, called intrinsic value, which is Destination's 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 Destination's market value can be influenced by many factors that don't directly affect Destination XL Group underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Destination's value and its price as these two are different measures arrived at by different means. Investors typically determine Destination value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destination's 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.