Exa Corporation (EXA) Technical Analysis
NASDAQ:EXA
Current stock price
EXA Technical Rating and Analysis
Taking everything into account, EXA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EXA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- EXA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- Looking at the yearly performance, EXA did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month EXA has a been trading in a tight range between 24.17 and 24.25.
- Considerably lower volume is observed in the last couple of days.
EXA Weekly and Daily overview Charts
EXA Setup Rating and Analysis
Besides having an excellent technical rating, EXA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 24.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.23, a Stop Loss order could be placed below this zone.
More info and screens
EXA Support and Resistance Analysis
13.47
4 important support areas can be observed.
- A support zone ranging from 24.16 to 24.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.71 from a trend line in the daily time frame.
- A support zone ranging from 14.18 to 14.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.25 to 24.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
EXA 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 | UP | POSITIVE | The long term trend for EXA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXA is up. |
| ChartMill Relative Strength | 96.54 | POSITIVE | EXA has a high relative strength, it outperformed 96.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EXA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 89.09 | OVERBOUGHT | The high RSI value suggests EXA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests EXA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.44 | NEUTRAL | The Stochastics value for EXA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for EXA suggests low volalility. |
EXA Chart- and CandleStick Pattern Analysis
EXA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.26 | 24.20 | 0.06 (0.25%) | 25.00% |
| An entry @24.26. This is a Buy Stop order right above the resistance zone. | An exit @24.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 0.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.06%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EXA Technicals: Chart, Performance Metrics, Trend & Indicators
24.235
+0 (+0.02%)
Exa Corporation / EXA TA FAQ
What is the technical rating for EXA stock?
ChartMill assigns a technical rating of 8 / 10 to EXA.
What is the current trend direction of Exa Corporation (EXA) stock?
The current trend direction for Exa Corporation (EXA) is Bullish.
What is the RSI signal for EXA stock?
Exa Corporation (EXA) has an RSI value of 89.0945. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for Exa Corporation?
The buy/sell signal for Exa Corporation (EXA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Exa Corporation (EXA) stock?
Exa Corporation (EXA) has a support level at 24.23 and a resistance level at 24.25. Check the full technical report for our detailed analysis of EXA support and resistance levels.