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POWER & DIGITAL ACQ -CW24 (XPDBW) Stock Technical Analysis

USA - Nasdaq - NASDAQ:XPDBW -

0.6 USD
+0.01 (+1.71%)
Last: 3/14/2024, 8:12:02 PM
Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to XPDBW. Both in the recent history as in the last year, XPDBW 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.
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.
Looking at the yearly performance, XPDBW did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
POWER & DIGITAL ACQ -CW24 / XPDBW Weekly stock chart
POWER & DIGITAL ACQ -CW24 / XPDBW Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for XPDBW is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for XPDBW is up.
ChartMill Relative Strength99.96POSITIVEXPDBW has a high relative strength, it outperformed 99.96% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of XPDBW is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of XPDBW is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of XPDBW is above the rising SMA(200).
Relative Strength Index/RSI (14)87.38OVERBOUGHTThe high RSI value suggests XPDBW may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests XPDBW has a positive trend, although the MACD value is declining.
Stochastics (14,3)73.07NEUTRALThe Stochastics value for XPDBW is a neutral value.
Average True Range in percent/ATR (20)13.59HIGH VOLATILITYThe high ATR as a percentage value for XPDBW suggests high volalility.
Average Directional Index/ADX (14)62.24POSITIVEThe high ADX value value for XPDBW suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
POWER & DIGITAL ACQ -CW24 / XPDBW Daily stock chart

POWER & DIGITAL ACQ -CW24

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
3 months CRSN/A
6 months CRSN/A
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

POWER & DIGITAL ACQ -CW24 / XPDBW FAQ

Can you provide the ChartMill technical rating for POWER & DIGITAL ACQ -CW24?

ChartMill assigns a technical rating of 9 / 10 to XPDBW.


What is the current trend direction of POWER & DIGITAL ACQ -CW24 (XPDBW) stock?

The current trend direction for POWER & DIGITAL ACQ -CW24 (XPDBW) is Bullish.


What is the RSI signal for XPDBW stock?

POWER & DIGITAL ACQ -CW24 (XPDBW) has an RSI value of 87.3789. This indicates that the stock is currently overbought.


What is the short term momentum for POWER & DIGITAL ACQ -CW24 (XPDBW) stock?

The short term momentum for POWER & DIGITAL ACQ -CW24 (XPDBW) is positive.


Can you provide the support and resistance levels for POWER & DIGITAL ACQ -CW24?

POWER & DIGITAL ACQ -CW24 (XPDBW) has a resistance level at 0.61. Check the full technical report for our detailed analysis of XPDBW support and resistance levels.