EXELIXIS INC (EXEL) Stock Technical Analysis
NASDAQ:EXEL • US30161Q1040
Taking everything into account, EXEL scores 5 out of 10 in our technical rating. EXEL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long and short term trends are both positive. This is looking good!
- In the last month EXEL has a been trading in the 40.54 - 45.37 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- EXEL has an average volume of 2641790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, EXEL turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- EXEL is an average performer in the Biotechnology industry, it outperforms 59% of 521 stocks in the same industry.
- EXEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EXEL is lagging the market.
Although the technical rating is only medium, EXEL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 43.59, a Stop Loss order could be placed below this zone.
More info and screens
39.97
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.07 to 43.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.37 to 41.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @45.40 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 46.25 to 46.62. 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 EXEL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXEL is up. |
| ChartMill Relative Strength | 65.89 | NEUTRAL | EXEL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EXEL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EXEL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.17 | NEUTRAL | The RSI value for EXEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests EXEL has a positive trend. |
| Stochastics (14,3) | 89.51 | OVERBOUGHT | The high Stochastics value suggests EXEL may be overbought. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for EXEL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for EXEL suggests a weak or negative trend. |
44.16
-0.31 (-0.7%)
EXELIXIS INC / EXEL FAQ
What is the technical rating for EXEL stock?
ChartMill assigns a technical rating of 5 / 10 to EXEL.
Can you provide the trend direction for EXELIXIS INC?
The current trend direction for EXELIXIS INC (EXEL) is Bullish.
Can you provide the RSI signal for EXELIXIS INC?
EXELIXIS INC (EXEL) has an RSI value of 54.1732. This indicates that the stock is currently neutral.
What is the MACD signal for EXEL stock?
The MACD indicator for EXELIXIS INC (EXEL) has a value of 0.163559, indicating a bearish trend.
What is the short term momentum for EXELIXIS INC (EXEL) stock?
The short term momentum for EXELIXIS INC (EXEL) is positive.