EKSO Technical Analysis - EKSO BIONICS HOLDINGS INC

Technical Rating and Analysis

Taking everything into account, EKSO scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. EKSO was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, EKSO is a bad performer in the overall market: 89% of all stocks are doing better.

EKSO 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.

In the last month EKSO has a been trading in the 3.47 - 4.81 range, which is quite wide. It is currently trading near the high of this range.

The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.

EKSO is an average performer in the Health Care Equipment & Supplies industry, it outperforms 41% of 190 stocks in the same industry.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

EKSO BIONICS HOLDINGS INC / EKSO Weekly stock chart

EKSO BIONICS HOLDINGS INC / EKSO Daily stock chart

Setup Rating and Analysis

EKSO has an average technical rating and it also does not offer a high 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

3.07

4.88

When analyzing the support we notice one important area.

A support zone ranging from 3.10 to 3.13. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 4.83 to 4.83. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for EKSO is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for EKSO is up.
ChartMill Relative Strength	11.48	NEGATIVE	EKSO has a low relative strength, it was outperformed by 88.52% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of EKSO is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of EKSO is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of EKSO is below a declining SMA(200).
Relative Strength Index/RSI (14)	69.7	NEUTRAL	The RSI value for EKSO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.05	POSITIVE	The MACD value suggests EKSO has a positive trend.
Stochastics (14,3)	77.36	NEUTRAL	The Stochastics value for EKSO is a neutral value.
Average True Range in percent/ATR (20)	6.61	HIGH VOLATILITY	The high ATR as a percentage value for EKSO suggests high volalility.
Average Directional Index/ADX (14)	25.31	POSITIVE	The high ADX value value for EKSO suggests a strong trend.