EXELIXIS INC (EXEL) Stock Technical Analysis
NASDAQ:EXEL - Nasdaq - US30161Q1040 - Common Stock - Currency: USD
Taking everything into account, EXEL 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, EXEL is showing a nice and steady performance.
Besides having an excellent technical rating, EXEL 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. There is a resistance zone just above the current price starting at 46.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.37, a Stop Loss order could be placed below this zone.
More info and screens
32.96
When analyzing the support we can see 5 important areas.
- A support zone ranging from 42.49 to 43.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.36 to 40.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.06 to 39.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.25 from a horizontal line in the daily time frame.
- Support @33.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.16 to 46.27. 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 | 92.95 | POSITIVE | EXEL has a high relative strength, it outperformed 92.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EXEL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EXEL is above the rising 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) | 52.38 | NEUTRAL | The RSI value for EXEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests EXEL has a negative trend. |
| Stochastics (14,3) | 25.86 | NEUTRAL | The Stochastics value for EXEL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for EXEL suggests some volalility. |
| Average Directional Index/ADX (14) | 41.45 | POSITIVE | The high ADX value value for EXEL 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 |
|---|---|---|---|
| 46.28 | 43.20 | 3.08 (6.66%) | 15.03% |
| An entry @46.28. This is a Buy Stop order right above the resistance zone. | An exit @43.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.08 points, which is 6.66%. | When investing 15.03% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
44.26
-0.21 (-0.47%)