CXAI Technical Analysis - CXAPP INC

Technical Rating and Analysis

Overall CXAI gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CXAI was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, CXAI is a bad performer in the overall market: 93% of all stocks are doing better.

CXAI is part of the Software industry. There are 282 other stocks in this industry, of which 79% are performing better than CXAI.

CXAI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

In the last month CXAI has a been trading in the 0.69 - 1.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of CXAI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.70

1.04

When analyzing the support we can see 2 important areas.

Support @0.77 from a trend line in the daily time frame.
Support @0.71 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
Resistance @0.94 from a horizontal line in the daily time frame.
Resistance @1.03 from a trend line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	NEUTRAL	NEUTRAL	The long term trend for CXAI is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for CXAI is up.
ChartMill Relative Strength	7.13	NEGATIVE	CXAI has a low relative strength, it was outperformed by 92.87% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of CXAI is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of CXAI is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of CXAI is below a declining SMA(200).
Relative Strength Index/RSI (14)	53.49	NEUTRAL	The RSI value for CXAI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests CXAI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	67.77	NEUTRAL	The Stochastics value for CXAI is a neutral value.
Average True Range in percent/ATR (20)	8.41	HIGH VOLATILITY	The high ATR as a percentage value for CXAI suggests high volalility.
Average Directional Index/ADX (14)	21.32	NEUTRAL	The ADX value for CXAI suggests a possible start of a new trend.