NEXALIN TECHNOLOGY INC- 27 (NXLIW) Stock Technical Analysis
NASDAQ:NXLIW - Nasdaq - - Currency: USD
Overall NXLIW gets a technical rating of 0 out of 10. NXLIW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than NXLIW.
NXLIW 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 NXLIW has a been trading in the 0.04 - 0.21 range, which is quite wide. It is currently trading near the lows of this range.
Warning: NXLIW has an average volume of 7328 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
NXLIW 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.
More info and screens
0.07
0.11
We can see 2 important resistance areas.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.11 from a trend line in the daily time frame.
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 NXLIW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXLIW is down. |
| ChartMill Relative Strength | 1 | NEGATIVE | NXLIW has a low relative strength, it was outperformed by 99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXLIW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXLIW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXLIW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.21 | NEUTRAL | The RSI value for NXLIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NXLIW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.6 | OVERSOLD | The low Stochastics value suggests NXLIW may be oversold. |
| Average True Range in percent/ATR (20) | 68.55 | HIGH VOLATILITY | The high ATR as a percentage value for NXLIW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.15 | NEUTRAL | The ADX value for NXLIW suggests a possible start of a new trend. |
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)
0.0709
+0.01 (+17.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg17.77%
1 Week-28.5%
2 Weeks20.4%
1 Month-39.8%
3 Month-68.32%
6 Month-90.29%
12 Month-67.76%
2 Year-45.27%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%68.55%
ATR Inc-62.77%
Range Today0.02
ADR(20)0.03
ADR(20)%47.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1
Mansfield-7.54
10 Day High0.21
10 Day Low0.04
20 Day High0.21
20 Day Low0.04
52 Week High0.78
52 Week Low0.04
CS1 EndN/A
CR1 Start0.1
Volume & EV
DER(3)-728.05%
DER(5)-435.36%
Volume6.88K
Volume Incr-7.13%
Vol(5)8.34K
Vol(50)7.33K