EXACTECH INC (EXAC) Stock Technical Analysis
NASDAQ:EXAC - US30064E1091
49.25
0 (0%)
49.25
0 (0%)
We assign a technical rating of 7 out of 10 to EXAC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
When comparing the yearly performance of all stocks, we notice that EXAC is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by EXAC over the past year are nicely spread over this period.
EXAC 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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month EXAC has a been trading in a tight range between 49.20 and 50.40.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, EXAC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 49.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EXAC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
27.02
51.22
We found 5 important support areas.
- A support zone ranging from 49.24 to 49.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.70 from a trend line in the daily time frame.
- Support @38.32 from a trend line in the daily time frame.
- Support @32.22 from a trend line in the weekly time frame.
- Support @27.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.50 to 50.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 EXAC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EXAC is down. |
| ChartMill Relative Strength | 94.84 | POSITIVE | EXAC has a high relative strength, it outperformed 94.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EXAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EXAC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.61 | NEUTRAL | The RSI value for EXAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests EXAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.84 | OVERSOLD | The low Stochastics value suggests EXAC may be oversold. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for EXAC suggests low volalility. |
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)
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 |
|---|---|---|---|
| 49.51 | 49.23 | 0.28 (0.57%) | 25.00% |
| An entry @49.51. This is a Buy Stop order right above the 10 day moving average. | An exit @49.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.28 points, which is 0.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- The distance between exit and entry is rather small compared to the average daily movement of EXAC. Please evaluate whether better entry and exit points can be found.
- 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.
49.25
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.2%
2 Weeks-1.7%
1 Month-2.28%
3 Month17.82%
6 Month64.44%
12 Month95.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%0.64%
ATR Inc-70.37%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.84
Mansfield3.2
10 Day High50.25
10 Day Low49.2
20 Day High50.4
20 Day Low49.2
52 Week High50.95
52 Week Low23.75
CS1 End49.24
CR1 Start49.5
Volume & EV
DER(3)3.64%
DER(5)3.02%
Volume256.30K
Volume Incr513.28%
Vol(5)589.06K
Vol(50)186.10K