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EXCELLON RESOURCES INC (EXN) Stock Technical Analysis

NYSEARCA:EXN - NYSE Arca - CA30069C8016 - Common Stock - Currency: USD

0.295  -0.01 (-4.13%)

After market: 0.273 -0.02 (-7.46%)

Technical Rating and Analysis

0

Taking everything into account, EXN scores 0 out of 10 in our technical rating. EXN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than EXN.
EXN is one of the lesser performing stocks in the Metals & Mining industry. 89% of 156 stocks in the same industry do better.
EXN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month EXN has a been trading in the 0.29 - 0.48 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
EXCELLON RESOURCES INC / EXN Weekly stock chart
EXCELLON RESOURCES INC / EXN Daily stock chart
Setup Rating and Analysis

4

EXN has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

0.29

0.49

When analyzing the support we notice one important area.

  • Support @0.29 from a trend line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.32 from a horizontal line in the daily time frame.
  • Resistance @0.36 from a trend line in the weekly time frame.
  • Resistance @0.49 from a trend line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for EXN is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for EXN is down.
ChartMill Relative Strength8.91NEGATIVEEXN has a low relative strength, it was outperformed by 91.09% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EXN is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of EXN is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of EXN is below a declining SMA(200).
Relative Strength Index/RSI (14)42.49NEUTRALThe RSI value for EXN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests EXN has a negative trend, although the MACD value is rising.
Stochastics (14,3)15.33OVERSOLDThe low Stochastics value suggests EXN may be oversold.
Average True Range in percent/ATR (20)14.39HIGH VOLATILITYThe high ATR as a percentage value for EXN suggests high volalility.
Average Directional Index/ADX (14)23.22NEUTRALThe ADX value for EXN suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
EXCELLON RESOURCES INC / EXN Daily stock chart

EXCELLON RESOURCES INC

NYSEARCA:EXN (1/30/2023, 8:04:01 PM)

After market: 0.273 -0.02 (-7.46%)

0.295

-0.01 (-4.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.13%
1 Week-4.31%
2 Weeks-13.24%
1 Month-21.75%
3 Month-20.98%
6 Month-34.02%
12 Month-54.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%14.39%
ATR Inc-34.25%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.91
Mansfield-4.05
10 Day High0.39
10 Day Low0.29
20 Day High0.48
20 Day Low0.29
52 Week High1.75
52 Week Low0.26
CS1 End0.29
CR1 Start0.31
Volume & EV
DER(3)-7.58%
DER(5)-4.34%
Volume69.90K
Volume Incr-12.36%
Vol(5)83.88K
Vol(50)85.53K