POWER & DIGITAL ACQUISITIO-A (XPDB) Stock Technical Analysis
NASDAQ:XPDB - Nasdaq - US73919C1009 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to XPDB. XPDB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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 long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that XPDB is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
XPDB has an excellent technical rating, but the quality of the setup is only medium 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
19.59
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. |
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)
19.4
+1.02 (+5.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.55%
1 Week88.35%
2 Weeks79.21%
1 Month79.13%
3 Month81.31%
6 Month85.91%
12 Month91.7%
2 Year97.96%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.43
ATR(20)%16.02%
ATR Inc4.81%
Range Today4.59
ADR(20)3.02
ADR(20)%15.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.59
Mansfield5.56
10 Day High49.11
10 Day Low9.02
20 Day High49.11
20 Day Low9.02
52 Week High49.11
52 Week Low9.02
CS1 End10.81
CR1 StartN/A
Volume & EV
DER(3)-5.72%
DER(5)4.6%
Volume19.00K
Volume Incr76.08%
Vol(5)188.66K
Vol(50)115.34K