NEXALIN TECHNOLOGY INC- 27 (NXLIW) Stock Technical Analysis
NASDAQ:NXLIW - Nasdaq - - Currency: USD
Overall NXLIW gets a technical rating of 2 out of 10. Although NXLIW is scoring some points because its good overall performance in the market in the past year, 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.
NXLIW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXLIW is lagging the market.
Warning: NXLIW has an average volume of 23252 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that NXLIW is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month NXLIW has a been trading in the 0.06 - 0.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NXLIW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.09, a Stop Loss order could be placed below this zone.
More info and screens
0.09
0.18
When analyzing the support we notice one important area.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.15 from a trend line in the daily time frame.
- Resistance @0.16 from a trend line in the daily time frame.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly 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 | 96.81 | POSITIVE | NXLIW has a high relative strength, it outperformed 96.81% 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) | UP | MIXED | The current price of NXLIW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.75 | 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) | 44.15 | NEUTRAL | The Stochastics value for NXLIW is a neutral value. |
| Average True Range in percent/ATR (20) | 33.96 | HIGH VOLATILITY | The high ATR as a percentage value for NXLIW suggests high volalility. |
| Average Directional Index/ADX (14) | 19.39 | NEGATIVE | The low ADX value for NXLIW suggests a weak or negative 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)
NASDAQ:NXLIW (6/17/2025, 8:03:39 PM)
0.1
-0.02 (-18.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-18.03%
1 Week-37.11%
2 Weeks-23.08%
1 Month-40.55%
3 Month-77.27%
6 Month-72.22%
12 Month234.45%
2 Year-9.09%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%33.96%
ATR Inc-70.72%
Range Today0.01
ADR(20)0.03
ADR(20)%27.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.81
Mansfield-6.01
10 Day High0.16
10 Day Low0.06
20 Day High0.19
20 Day Low0.06
52 Week High0.78
52 Week Low0.02
CS1 End0.09
CR1 Start0.15
Volume & EV
DER(3)-36.52%
DER(5)-21.91%
Volume12.10K
Volume Incr118.55%
Vol(5)5.42K
Vol(50)23.25K