POWER & DIGITAL ACQ -CW24 (XPDBW) Stock Technical Analysis
NASDAQ:XPDBW - Nasdaq - - Currency: USD
We assign a technical rating of 9 out of 10 to XPDBW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XPDBW is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
XPDBW 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 XPDBW is lagging the market slightly.
XPDBW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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 XPDBW is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although XPDBW 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
0.59
0.62
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 XPDBW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XPDBW is up. |
| ChartMill Relative Strength | 99.96 | POSITIVE | XPDBW has a high relative strength, it outperformed 99.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XPDBW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XPDBW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XPDBW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87.38 | OVERBOUGHT | The high RSI value suggests XPDBW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests XPDBW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.07 | NEUTRAL | The Stochastics value for XPDBW is a neutral value. |
| Average True Range in percent/ATR (20) | 13.59 | HIGH VOLATILITY | The high ATR as a percentage value for XPDBW suggests high volalility. |
| Average Directional Index/ADX (14) | 62.24 | POSITIVE | The high ADX value value for XPDBW 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)
NASDAQ:XPDBW (3/14/2024, 8:12:02 PM)
0.6
+0.01 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.71%
1 Week5.26%
2 Weeks140%
1 Month352.83%
3 Month1900%
6 Month900%
12 Month498.8%
2 Year38.82%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%13.59%
ATR Inc10.87%
Range Today0.12
ADR(20)0.08
ADR(20)%13.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.96
Mansfield37.83
10 Day High0.75
10 Day Low0.25
20 Day High0.75
20 Day Low0.12
52 Week High0.75
52 Week Low0.01
CS1 EndN/A
CR1 Start0.61
Volume & EV
DER(3)8.68%
DER(5)16.33%
Volume501.90K
Volume Incr44.88%
Vol(5)275.66K
Vol(50)145.26K