VXL Technical Analysis - VAXIL BIO LTD

Technical Rating and Analysis

We assign a technical rating of 8 out of 10 to VXL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VXL is showing a nice and steady performance.

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!

VXL is one of the better performing stocks in the Biotechnology industry, it outperforms 95% of 24 stocks in the same industry.

In the last month VXL has a been trading in the 0.16 - 0.22 range, which is quite wide. It is currently trading near the high of this range.

Looking at the yearly performance, VXL did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

VXL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VXL is lagging the market.

Considerably lower volume is observed in the last couple of days.

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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

Although VXL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.20

0.21

When analyzing the resistance we notice one important area.

A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	UP	POSITIVE	The long term trend for VXL.CA is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for VXL.CA is neutral.
ChartMill Relative Strength	99.51	POSITIVE	VXL.CA has a high relative strength, it outperformed 99.51% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of VXL.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of VXL.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of VXL.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)	57.6	NEUTRAL	The RSI value for VXL.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests VXL.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	38.38	NEUTRAL	The Stochastics value for VXL.CA is a neutral value.
Average True Range in percent/ATR (20)	3.54	MEDIUM VOLATILITY	The ATR as a percentage value for VXL.CA suggests some volalility.
Average Directional Index/ADX (14)	23.77	NEUTRAL	The ADX value for VXL.CA suggests a possible start of a new trend.