NEXALIN TECHNOLOGY INC (NXL) Technical Analysis
NASDAQ:NXL • US65345B2016
Current stock price
0.4067 USD
-0.02 (-3.67%)
At close:
0.4182 USD
+0.01 (+2.83%)
After Hours:
NXL Technical Rating and Analysis
Taking everything into account, NXL scores 0 out of 10 in our technical rating. NXL 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.
- When comparing the yearly performance of all stocks, NXL is a bad performer in the overall market: 98% of all stocks are doing better.
- NXL is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 88% of 184 stocks in the same industry do better.
- NXL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NXL is lagging the market.
- In the last month NXL has a been trading in the 0.37 - 0.65 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
NXL Weekly and Daily overview Charts
NXL Setup Rating and Analysis
NXL has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
NXL Support and Resistance Analysis
0.40
0.48
We can see 3 important resistance areas.
- Resistance @0.44 from a trend line in the daily time frame.
- A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.48 from a trend line in the daily time frame.
NXL 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 NXL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXL is down. |
| ChartMill Relative Strength | 2.11 | NEGATIVE | NXL has a low relative strength, it was outperformed by 97.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.98 | NEUTRAL | The RSI value for NXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NXL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.22 | OVERSOLD | The low Stochastics value suggests NXL may be oversold. |
| Average True Range in percent/ATR (20) | 11.9 | HIGH VOLATILITY | The high ATR as a percentage value for NXL suggests high volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for NXL suggests a weak or negative trend. |
NXL 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)
NXL Technicals: Chart, Performance Metrics, Trend & Indicators
0.4067
-0.02 (-3.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.67%
1 Week-10.65%
2 Weeks-9.66%
1 Month-10.14%
3 Month-51.1%
6 Month-56.5%
12 Month-82.91%
2 Year-70.95%
3 Year-49.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%11.9%
ATR Inc-32.74%
Range Today0.03
ADR(20)0.05
ADR(20)%11.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.11
3 months CRS3.51
6 months CRS6.77
Mansfield-6.33
10 Day High0.46
10 Day Low0.4
20 Day High0.65
20 Day Low0.37
52 Week High2.57
52 Week Low0.37
CS1 EndN/A
CR1 Start0.44
Volume & EV
DER(3)-28.18%
DER(5)-22.5%
Volume315.30K
Volume Incr-62.57%
Vol(5)129.88K
Vol(50)350.11K
NEXALIN TECHNOLOGY INC / NXL TA FAQ
Can you provide the ChartMill technical rating for NEXALIN TECHNOLOGY INC?
ChartMill assigns a technical rating of 0 / 10 to NXL.
Can you provide the trend direction for NEXALIN TECHNOLOGY INC?
The current trend direction for NEXALIN TECHNOLOGY INC (NXL) is Bearish.
What is the RSI signal for NEXALIN TECHNOLOGY INC (NXL) stock?
NEXALIN TECHNOLOGY INC (NXL) has an RSI value of 36.9776. This indicates that the stock is currently neutral.
What is the MACD signal for NXL stock?
The MACD indicator for NEXALIN TECHNOLOGY INC (NXL) has a value of 0.00170486, indicating a bearish trend.
Can you provide the buy/sell signal for NEXALIN TECHNOLOGY INC?
The buy/sell signal for NEXALIN TECHNOLOGY INC (NXL) is sell as both the short term and long term trends are negative.