EXACTECH INC (EXAC) Stock Technical Analysis
USA - NASDAQ:EXAC - US30064E1091
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.
EXAC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.
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When analyzing the support we can see 5 important 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.
We found 1 important resistance 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. |
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.
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EXACTECH INC / EXAC FAQ
Can you provide the ChartMill technical rating for EXACTECH INC?
ChartMill assigns a technical rating of 6 / 10 to EXAC.
Can you provide the trend direction for EXACTECH INC?
The current trend direction for EXACTECH INC (EXAC) is Bullish.
What is the RSI signal for EXACTECH INC (EXAC) stock?
EXACTECH INC (EXAC) has an RSI value of 41.6105. This indicates that the stock is currently neutral.
What is the buy/sell signal for EXAC stock?
The buy/sell signal for EXACTECH INC (EXAC) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for EXACTECH INC?
EXACTECH INC (EXAC) has a support level at 49.24 and a resistance level at 49.5. Check the full technical report for our detailed analysis of EXAC support and resistance levels.