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- 5/2/2025 -
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Quest Diagnostics (DGX) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is strongly overboughtLane's Stochastic and MACD bearish divergenceWeekly  MACD line has moved above its signal line
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overbought
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It was a second positive week after 3 consecutive negative weeks for the Quest Diagnostics (DGX). During the week, the DGX gained 4.15 points, or 2.39%, and closed at 177.95 on Friday, May 2, 2025. Weekly volume was 25% above average.

Long-term trend: [See DGX long-term trend chart]
A long-term uptrend had started on October 2, 2023 at 119.59 and reached 179.32 on May 2, 2025. DGX gained -59.73 points, or -49.95%, in 82 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 160.49 and resistance is at 181.55. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See DGX medium-term trend chart]
A medium-term uptrend had started on February 1, 2024 at 123.04 and reached 179.32 on May 2, 2025. DGX gained -56.28 points, or -45.74%, in 65 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 160.38 and resistance is at 184.75. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See DGX weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See DGX short-term trend chart]
A short-term uptrend had started on April 21, 2025 at 160.02 and reached 179.32 on May 2, 2025. DGX gained -19.30 points, or -12.06%, in 11 days. The price is now at the 7.10% retracement level.

Daily Technical Indicators: [See DGX daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic.

The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.31
Williams' Percentage Range (W%R) 0.10
Strong Overbought
Lane's Stochastic (%D-Slow) 93.53
Strong Overbought
Greed/Fear Indicator (GFI) 88.23
Overbought
Moving Average Converg./Diverg. (MACD) 1.68
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.77
Williams' Percentage Range (W%R) 0.10
Strong Overbought
Lane's Stochastic (%D-Slow) 56.79
Bearish
Greed/Fear Indicator (GFI) 70.69
Moving Average Converg./Diverg. (MACD) 4.75 Bearish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 184.75
Upper Bollinger Band 184.54
Quarterly Trendline Resistance 181.55
Daily Stochastic Crossing 178.55
Price 177.95
50 Day Moving Average 170.11
Weekly Stochastic Crossing 169.54
20 Day Moving Average 169.52
Parabolic System 167.12
Quarterly Trendline Support 160.49
Monthly Trendline Support 160.38
Lower Bollinger Band 159.38
Sector and Industry
Description Name Rank
Sector Health Care 6
Industry Health Care Services 111
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 160.02
Low Date 04/21/2025
High 179.32
High Date 05/02/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 157.20
Low Date 04/09/2025
High 179.32
High Date 05/02/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 184.75
Support 160.38
Low 123.04
Low Date 02/01/2024
High 179.32
High Date 05/02/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 181.55
Support 160.49
Low 119.59
Low Date 10/02/2023
High 179.32
High Date 05/02/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 38.66
Low Date 10/17/2008
High 179.32
High Date 05/02/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.