EXTENDICARE INC (EXE-DB-C.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EXE-DB-C - CA30224TAD50
Taking everything into account, EXE-DB-C scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EXE-DB-C is only an average performer.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the performance of all stocks over the past year, EXE-DB-C turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- EXE-DB-C is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EXE-DB-C is lagging the market.
- In the last month EXE-DB-C has a been trading in a tight range between 99.85 and 100.29.
- Volume is considerably higher in the last couple of days.
EXE-DB-C has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
89.60
4 important support areas can be observed.
- A support zone ranging from 98.26 to 99.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.18 from a trend line in the weekly time frame.
- Strong support @93.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 90.51 to 90.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 99.91 to 100.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 102.50 to 102.50. 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 EXE-DB-C.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EXE-DB-C.CA is neutral. |
| ChartMill Relative Strength | 45.26 | NEUTRAL | EXE-DB-C.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EXE-DB-C.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EXE-DB-C.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXE-DB-C.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.02 | NEUTRAL | The RSI value for EXE-DB-C.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EXE-DB-C.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.15 | OVERSOLD | The low Stochastics value suggests EXE-DB-C.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for EXE-DB-C.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 51.02 | POSITIVE | The high ADX value value for EXE-DB-C.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 100.01 | 99.84 | 0.17 (0.17%) | 25.00% |
| An entry @100.01. This is a Buy Stop order right above the resistance zone. | An exit @99.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 0.17%. | For a 0.04% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EXE-DB-C. 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.
TSX:EXE-DB-C (12/12/2024, 7:00:00 PM)
99.9
0 (0%)
EXTENDICARE INC / EXE-DB-C.CA FAQ
What is the technical rating for EXE-DB-C stock?
ChartMill assigns a technical rating of 6 / 10 to EXE-DB-C.CA.
What is the current trend direction of EXTENDICARE INC (EXE-DB-C.CA) stock?
The current trend direction for EXTENDICARE INC (EXE-DB-C.CA) is Bullish.
What is the RSI signal for EXE-DB-C stock?
EXTENDICARE INC (EXE-DB-C.CA) has an RSI value of 49.0204. This indicates that the stock is currently neutral.
What is the short term momentum for EXTENDICARE INC (EXE-DB-C.CA) stock?
The short term momentum for EXTENDICARE INC (EXE-DB-C.CA) is neutral.
What is the support and resistance level for EXE-DB-C stock?
EXTENDICARE INC (EXE-DB-C.CA) has a support level at 99.64 and a resistance level at 99.91. Check the full technical report for our detailed analysis of EXE-DB-C.CA support and resistance levels.