Defense Contractors Flying High

INDEX:DXS   Spade Defense
With all the press about boots on the ground in Syria and other parts of the middle east, its not a surprise that defense contractors are doing well. Take for example DXS, the defense contractor index, which is showing solid, sustainable growth while breaking levels formed by gaps from the aftermath of Black Monday. Note gradually higher lows, while 'resting' a bit at levels.

The RSI and MACD indicate that this is a bit overbought, but the OBV suggests tremendous buying pressure. Thus is might be beneficial to wait for a slight retracement before entering a position. The Ichimoku cloud tells us there is plenty of room before we hit resistance on the downside, so be careful.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out