EXAR CORP (EXAR) Stock Technical Analysis
NYSE:EXAR - New York Stock Exchange, Inc. - US3006451088
Taking everything into account, EXAR scores 10 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, EXAR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that EXAR is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, EXAR also shows a nice and consistent pattern of rising prices.
EXAR 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.
EXAR has an average volume of 1032920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EXAR has a been trading in a tight range between 12.94 and 13.02.
Considerably lower volume is observed in the last couple of days.
EXAR 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 12.98, a Stop Loss order could be placed below this zone.
More info and screens
10.93
13.17
2 important support areas can be observed.
- A support zone ranging from 12.95 to 12.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.04 to 11.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.99 to 13.04. 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 EXAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXAR is up. |
| ChartMill Relative Strength | 95.61 | POSITIVE | EXAR has a high relative strength, it outperformed 95.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EXAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.14 | OVERBOUGHT | The high RSI value suggests EXAR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EXAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.22 | NEUTRAL | The Stochastics value for EXAR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for EXAR 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 |
|---|---|---|---|
| 13.00 | 12.97 | 0.03 (0.24%) | 25.00% |
| An entry @13.00. This is a Buy Stop order right above the 10 day moving average. | An exit @12.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 0.24%. | For a 0.06% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSE:EXAR (5/12/2017, 8:32:48 PM)
12.99
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.08%
2 Weeks-0.15%
1 Month0.15%
3 Month18.96%
6 Month36.59%
12 Month106.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.15%
ATR Inc-75%
Range Today0
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
CRS95.61
Mansfield2.32
10 Day High13.02
10 Day Low12.98
20 Day High13.02
20 Day Low12.94
52 Week High13.05
52 Week Low6.1
CS1 End12.98
CR1 Start12.99
Volume & EV
DER(3)1.55%
DER(5)-1.01%
Volume100
Volume Incr-58.16%
Vol(5)343.74K
Vol(50)1.03M