EXAMWORKS GROUP INC (EXAM) Stock Technical Analysis
NYSE:EXAM - New York Stock Exchange, Inc. - US30066A1051
We assign a technical rating of 6 out of 10 to EXAM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EXAM is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
EXAM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EXAM is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, EXAM outperforms 40% of them, which is more or less in line with the market.
In the last month EXAM has a been trading in a tight range between 34.77 and 35.22.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, EXAM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 35.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EXAM in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.82
36.82
3 important support areas can be observed.
- A support zone ranging from 34.36 to 35.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.93 from a trend line in the daily time frame.
- Support @25.07 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 35.09 to 35.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 36.06 to 36.46. This zone is formed by a combination of multiple trend lines 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 EXAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXAM is up. |
| ChartMill Relative Strength | 40.3 | NEUTRAL | EXAM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXAM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EXAM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXAM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.46 | NEUTRAL | The RSI value for EXAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EXAM has a negative trend. |
| Stochastics (14,3) | 62.55 | NEUTRAL | The Stochastics value for EXAM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for EXAM 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 |
|---|---|---|---|
| 35.22 | 34.99 | 0.23 (0.65%) | 25.00% |
| An entry @35.22. This is a Buy Stop order right above the resistance zone. | An exit @34.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 0.65%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.16%. |
- 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.
35.06
-0.06 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.17%
1 Week0.03%
2 Weeks0.03%
1 Month0.86%
3 Month-2.75%
6 Month27.68%
12 Month-0.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.3%
ATR Inc16.67%
Range Today0.12
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
CRS40.3
Mansfield0.77
10 Day High35.22
10 Day Low35
20 Day High35.22
20 Day Low34.77
52 Week High37.26
52 Week Low21.98
CS1 End35.05
CR1 Start35.09
Volume & EV
DER(3)3.07%
DER(5)4.15%
Volume3.56M
Volume Incr80.17%
Vol(5)1.67M
Vol(50)965.98K