EXAGEN INC (XGN) Stock Technical Analysis
NASDAQ:XGN - Nasdaq - US30068X1037 - Common Stock - Currency: USD
Overall XGN gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that XGN is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, XGN also shows a nice and consistent pattern of rising prices.
XGN is part of the Biotechnology industry. There are 556 other stocks in this industry. XGN outperforms 96% of them.
XGN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so XGN is lagging the market slightly.
In the last month XGN has a been trading in the 6.57 - 7.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
XGN has an excellent technical rating and also presents a decent setup pattern. 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 7.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for XGN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.04
7.34
3 important support areas can be observed.
- A support zone ranging from 6.92 to 7.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.77 to 6.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.08 from a trend 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 | 97.93 | POSITIVE | XGN has a high relative strength, it outperformed 97.93% 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) | 56.93 | NEUTRAL | The RSI value for XGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests XGN has a positive trend. |
| Stochastics (14,3) | 75.27 | NEUTRAL | The Stochastics value for XGN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for XGN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.34 | NEGATIVE | The low ADX value for XGN 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.51 | 6.91 | 0.60 (7.99%) | 12.52% |
| An entry @7.51. This is a Buy Stop order right above the 10 day high. | An exit @6.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.60 points, which is 7.99%. | When investing 12.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.27
+0.05 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.69%
1 Week3.86%
2 Weeks4.01%
1 Month4.01%
3 Month17.07%
6 Month81.75%
12 Month261.69%
2 Year195.53%
3 Year-1.62%
5 Year-41.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%4.61%
ATR Inc-30.77%
Range Today0.23
ADR(20)0.32
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.93
Mansfield4.98
10 Day High7.5
10 Day Low6.75
20 Day High7.5
20 Day Low6.57
52 Week High7.95
52 Week Low1.78
CS1 End7.14
CR1 StartN/A
Volume & EV
DER(3)-1.93%
DER(5)3.86%
Volume95.60K
Volume Incr50.38%
Vol(5)379.48K
Vol(50)254.41K