EXELIXIS INC (EXEL) Stock Technical Analysis
USA - NASDAQ:EXEL - US30161Q1040 - Common Stock
Taking everything into account, EXEL scores 8 out of 10 in our technical rating. EXEL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although EXEL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.79
We found 5 important support areas.
- A support zone ranging from 39.25 to 40.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.89 from a horizontal line in the daily time frame.
- Support @37.25 from a horizontal line in the weekly time frame.
- Support @34.71 from a trend line in the daily time frame.
- Support @34.13 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 | NEUTRAL | NEUTRAL | The long term trend for EXEL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXEL is up. |
| ChartMill Relative Strength | 82.55 | POSITIVE | EXEL has a high relative strength, it outperformed 82.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXEL is above 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) | 68.38 | NEUTRAL | The RSI value for EXEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests EXEL has a positive trend. |
| Stochastics (14,3) | 97.74 | OVERBOUGHT | The high Stochastics value suggests EXEL may be overbought. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for EXEL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for EXEL suggests a weak or negative trend. |
43.59
+0.62 (+1.43%)
EXELIXIS INC / EXEL FAQ
What is the technical rating for EXEL stock?
ChartMill assigns a technical rating of 8 / 10 to EXEL.
What is the trend direction for EXEL stock?
The current trend direction for EXELIXIS INC (EXEL) is Bearish.
What is the RSI signal for EXEL stock?
EXELIXIS INC (EXEL) has an RSI value of 68.3796. This indicates that the stock is currently neutral.
What are the support and resistance levels for EXELIXIS INC (EXEL) stock?
EXELIXIS INC (EXEL) has a support level at 40.37 and a resistance level at 46.16. Check the full technical report for our detailed analysis of EXEL support and resistance levels.