EXAGEN INC (XGN) Stock Technical Analysis
NASDAQ:XGN - Nasdaq - US30068X1037 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to XGN. Both in the recent history as in the last year, XGN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, XGN did better than 99% of all other stocks. On top of that, XGN also shows a nice and consistent pattern of rising prices.
XGN is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 558 stocks in the same industry.
XGN is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so XGN is leading the market.
In the last month XGN has a been trading in the 5.29 - 7.22 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although XGN has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
3.14
7.21
When analyzing the support we can see 2 important areas.
- Support @3.78 from a trend line in the weekly time frame.
- Support @3.17 from a horizontal line 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 | UP | POSITIVE | The long term trend for XGN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XGN is up. |
| ChartMill Relative Strength | 99.04 | POSITIVE | XGN has a high relative strength, it outperformed 99.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.09 | NEUTRAL | The RSI value for XGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests XGN has a positive trend. |
| Stochastics (14,3) | 90.33 | OVERBOUGHT | The high Stochastics value suggests XGN may be overbought. |
| Average True Range in percent/ATR (20) | 8.57 | HIGH VOLATILITY | The high ATR as a percentage value for XGN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.49 | POSITIVE | The high ADX value value for XGN suggests a strong 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)
7.14
+0.19 (+2.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.73%
1 Week8.18%
2 Weeks18.8%
1 Month18.6%
3 Month121.05%
6 Month56.92%
12 Month253.47%
2 Year146.21%
3 Year24.39%
5 Year-42.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%8.57%
ATR Inc10.8%
Range Today0.59
ADR(20)0.61
ADR(20)%8.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.04
Mansfield8.42
10 Day High7.23
10 Day Low5.6
20 Day High7.23
20 Day Low5.29
52 Week High7.23
52 Week Low1.71
CS1 End3.78
CR1 StartN/A
Volume & EV
DER(3)-3.17%
DER(5)-1.86%
Volume172.30K
Volume Incr-48.21%
Vol(5)200.80K
Vol(50)234.72K