EXE Technical Analysis - EXTENDICARE INC

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to EXE. Both in the recent history as in the last year, EXE has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

When comparing the yearly performance of all stocks, we notice that EXE is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by EXE over the past year are nicely spread over this period.

EXE is part of the Health Care Providers & Services industry. There are 15 other stocks in this industry. EXE outperforms 85% of them.

EXE 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.

EXE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

EXTENDICARE INC / EXE Weekly stock chart

Setup Rating and Analysis

EXE 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. A pullback is taking place, which may present a nice opportunity for an entry.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.77

15.38

3 important support areas can be observed.

A support zone ranging from 13.56 to 13.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @13.27 from a trend line in the weekly time frame.
A support zone ranging from 12.90 to 13.06. 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 15.21 to 15.23. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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.CA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for EXE.CA is up.
ChartMill Relative Strength	75.55	POSITIVE	EXE.CA has a high relative strength, it outperformed 75.55% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of EXE.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of EXE.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of EXE.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)	62.17	NEUTRAL	The RSI value for EXE.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests EXE.CA has a negative trend.
Stochastics (14,3)	50.81	NEUTRAL	The Stochastics value for EXE.CA is a neutral value.
Average True Range in percent/ATR (20)	2.26	MEDIUM VOLATILITY	The ATR as a percentage value for EXE.CA suggests some volalility.
Average Directional Index/ADX (14)	31.27	POSITIVE	The high ADX value value for EXE.CA suggests a strong trend.