POWER & DIGITAL ACQUISITIO-A (XPDB) Stock Technical Analysis
NASDAQ:XPDB • US73919C1009
Taking everything into account, XPDB scores 8 out of 10 in our technical rating. In the last year, XPDB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- XPDB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month XPDB has a been trading in the 9.02 - 49.11 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, XPDB did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although XPDB has an excellent technical rating, the quality of the presented setup is not ideal 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
10.23
2 important support areas can be observed.
- Support @10.81 from a horizontal line in the daily time frame.
- A support zone ranging from 10.33 to 10.36. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for XPDB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XPDB is up. |
| ChartMill Relative Strength | 96.59 | POSITIVE | XPDB has a high relative strength, it outperformed 96.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XPDB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XPDB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XPDB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.87 | NEUTRAL | The RSI value for XPDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.09 | POSITIVE | The MACD value suggests XPDB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.37 | NEUTRAL | The Stochastics value for XPDB is a neutral value. |
| Average True Range in percent/ATR (20) | 16.02 | HIGH VOLATILITY | The high ATR as a percentage value for XPDB suggests high volalility. |
| Average Directional Index/ADX (14) | 51.08 | POSITIVE | The high ADX value value for XPDB suggests a strong trend. |
19.4
+1.02 (+5.55%)
POWER & DIGITAL ACQUISITIO-A / XPDB FAQ
Can you provide the ChartMill technical rating for POWER & DIGITAL ACQUISITIO-A?
ChartMill assigns a technical rating of 8 / 10 to XPDB.
What is the current trend direction of POWER & DIGITAL ACQUISITIO-A (XPDB) stock?
The current trend direction for POWER & DIGITAL ACQUISITIO-A (XPDB) is Bearish.
What is the RSI signal for XPDB stock?
POWER & DIGITAL ACQUISITIO-A (XPDB) has an RSI value of 61.8674. This indicates that the stock is currently neutral.
What is the MACD signal for XPDB stock?
The MACD indicator for POWER & DIGITAL ACQUISITIO-A (XPDB) has a value of 1.08581, indicating a bullish trend.