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EXELA TECHNOLOGIES INC (XELA) Stock Technical Analysis

NASDAQ:XELA - Nasdaq - US30162V8054 - Common Stock - Currency: USD

1.15  -0.83 (-41.92%)

After market: 1.2 +0.05 (+4.35%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to XELA. XELA'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.

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, XELA is a bad performer in the overall market: 96% of all stocks are doing better.
XELA is one of the lesser performing stocks in the IT Services industry. 86% of 82 stocks in the same industry do better.
XELA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so XELA is lagging the market.
In the last month XELA has a been trading in the 1.12 - 2.17 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
EXELA TECHNOLOGIES INC / XELA Weekly stock chart
EXELA TECHNOLOGIES INC / XELA Daily stock chart
Setup Rating and Analysis

1

The technical rating of XELA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.14

2.10

We can see 2 important resistance areas.

  • A resistance zone ranging from 1.93 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 2.00 to 2.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for XELA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for XELA is down.
ChartMill Relative Strength4.46NEGATIVEXELA has a low relative strength, it was outperformed by 95.54% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of XELA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of XELA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of XELA is below a declining SMA(200).
Relative Strength Index/RSI (14)15.16OVERSOLDThe low RSI value suggests XELA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.05NEGATIVEThe MACD value suggests XELA has a negative trend.
Stochastics (14,3)42.3NEUTRALThe Stochastics value for XELA is a neutral value.
Average True Range in percent/ATR (20)10.2HIGH VOLATILITYThe high ATR as a percentage value for XELA suggests high volalility.
Average Directional Index/ADX (14)14.26NEGATIVEThe low ADX value for XELA suggests a weak or negative trend.
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)
EXELA TECHNOLOGIES INC / XELA Daily stock chart

EXELA TECHNOLOGIES INC

NASDAQ:XELA (11/7/2024, 8:12:48 PM)

After market: 1.2 +0.05 (+4.35%)

1.15

-0.83 (-41.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-41.92%
1 Week-40.1%
2 Weeks-41.92%
1 Month-41.62%
3 Month-44.44%
6 Month-51.68%
12 Month-55.94%
2 Year-96.75%
3 Year-99.98%
5 Year-99.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%10.2%
ATR Inc557.84%
Range Today0.38
ADR(20)0.09
ADR(20)%8.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.46
Mansfield-5.72
10 Day High2.03
10 Day Low1.12
20 Day High2.17
20 Day Low1.12
52 Week High4.34
52 Week Low1.12
CS1 EndN/A
CR1 Start1.93
Volume & EV
DER(3)-1.9%
DER(5)3.36%
Volume2.60M
Volume Incr936.52%
Vol(5)613.88K
Vol(50)108.95K