EKSO BIONICS HOLDINGS INC (EKSO) Stock Technical Analysis
NASDAQ:EKSO - Nasdaq - US2826443010 - Common Stock - Currency: USD
Overall EKSO gets a technical rating of 1 out of 10. EKSO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EKSO is a bad performer in the overall market: 99% of all stocks are doing better.
EKSO is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 88% are performing better than EKSO.
EKSO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month EKSO has a been trading in the 2.73 - 4.09 range, which is quite wide. It is currently trading near the high of this range.
EKSO has an average volume of 2647800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of EKSO 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.
More info and screens
3.24
6.18
When analyzing the support we notice one important area.
- A support zone ranging from 3.27 to 3.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.81 to 3.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.03 to 4.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.12 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for EKSO is neutral. |
| ChartMill Relative Strength | 1.71 | NEGATIVE | EKSO has a low relative strength, it was outperformed by 98.29% 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) | DOWN | NEGATIVE | The current price of EKSO is below a declining 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) | 53.05 | NEUTRAL | The RSI value for EKSO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests EKSO has a positive trend. |
| Stochastics (14,3) | 68.21 | NEUTRAL | The Stochastics value for EKSO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.16 | HIGH VOLATILITY | The high ATR as a percentage value for EKSO suggests high volalility. |
| Average Directional Index/ADX (14) | 11.78 | NEGATIVE | The low ADX value for EKSO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.8
+0.07 (+1.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.88%
1 Week12.43%
2 Weeks15.85%
1 Month5.85%
3 Month-38.51%
6 Month-61.12%
12 Month-79.23%
2 Year-78.16%
3 Year-85.61%
5 Year-96.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%9.16%
ATR Inc46.66%
Range Today0.42
ADR(20)0.35
ADR(20)%9.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.71
Mansfield-6.48
10 Day High4.09
10 Day Low3.14
20 Day High4.09
20 Day Low2.73
52 Week High22.95
52 Week Low2.73
CS1 End3.34
CR1 Start3.81
Volume & EV
DER(3)10.65%
DER(5)3.94%
Volume144.30K
Volume Incr-60.05%
Vol(5)105.76K
Vol(50)2.65M