NEXALIN TECHNOLOGY INC (NXL)

US65345B2016 - Common Stock

1.44  +0.05 (+3.97%)

Technical Rating and Analysis

8

Taking everything into account, NXL scores 8 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, NXL is showing a nice and steady performance.

In the last month NXL has a been trading in the 0.79 - 3.40 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NXL is part of the Health Care Equipment & Supplies industry. There are 195 other stocks in this industry. NXL outperforms 98% of them.
NXL has an average volume of 1019470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NXL did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
NXL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXL is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NXL Weekly chart
NXL Daily chart
Setup Rating and Analysis

3

Although NXL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

1.31

1.65

We found 1 important support area.

  • Support @1.32 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @1.63 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.12
Mansfield10.03
10 Day High2.46
10 Day Low0.79
20 Day High3.4
20 Day Low0.79
52 Week High3.4
52 Week Low0.25
Performance
1 Week0.7%
2 Weeks-37.12%
1 Month2.86%
3 Month310.72%
6 Month358.31%
12 Month75.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)48.53
LBB0.9
UBB2.65
NXL Daily chart

NEXALIN TECHNOLOGY INC

NASDAQ:NXL (4/26/2024, 7:07:29 PM)

1.44

+0.05 (+3.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.97%
1 Week0.7%
2 Weeks-37.12%
1 Month2.86%
3 Month310.72%
6 Month358.31%
12 Month75.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.41
ATR(20)%37.05%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.46
10 Day Low0.79
20 Day High3.4
20 Day Low0.79
52 Week High3.4
52 Week Low0.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume72.60K
Volume Incr-95.15%
Vol(5)77.56K
Vol(50)1.02M