EXPO Technical Analysis - EXPONENT INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to EXPO. EXPO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

90% of all other stocks performed better in the past year than EXPO.

EXPO 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.

EXPO is part of the Professional Services industry. There are 82 other stocks in this industry, EXPO did better than 41% of them.

In the last month EXPO has a been trading in the 64.39 - 70.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

EXPO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 67.82. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for EXPO in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

66.83

80.78

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 67.82 to 67.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 69.55 to 70.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 72.29 to 72.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @79.98 from a horizontal line in the daily time frame.

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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	DOWN	NEGATIVE	The long term trend for EXPO is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for EXPO is down.
ChartMill Relative Strength	10.7	NEGATIVE	EXPO has a low relative strength, it was outperformed by 89.3% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of EXPO is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of EXPO is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of EXPO is below a declining SMA(200).
Relative Strength Index/RSI (14)	46.19	NEUTRAL	The RSI value for EXPO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.15	POSITIVE	The MACD value suggests EXPO has a positive trend.
Stochastics (14,3)	60.45	NEUTRAL	The Stochastics value for EXPO is a neutral value.
Average True Range in percent/ATR (20)	1.92	LOW VOLATILITY	The low ATR as a percentage value for EXPO suggests low volalility.
Average Directional Index/ADX (14)	20.56	NEUTRAL	The ADX value for EXPO suggests a possible start of a new trend.