EXPION360 INC (XPON) Stock Technical Analysis
NASDAQ:XPON • US30218B2097
Taking everything into account, XPON scores 0 out of 10 in our technical rating. XPON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 92% of all other stocks performed better in the past year than XPON.
- XPON is one of the lesser performing stocks in the Electrical Equipment industry. 73% of 92 stocks in the same industry do better.
- XPON is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month XPON has a been trading in the 0.68 - 1.11 range, which is quite wide. It is currently trading near the lows of this range.
- XPON has an average volume of 1423150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, XPON does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.75
When analyzing the support we notice one important area.
- Support @0.76 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.80 from a trend line in the daily time frame.
- A resistance zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for XPON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XPON is down. |
| ChartMill Relative Strength | 8.36 | NEGATIVE | XPON has a low relative strength, it was outperformed by 91.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XPON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XPON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XPON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.39 | NEUTRAL | The RSI value for XPON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests XPON has a positive trend. |
| Stochastics (14,3) | 23.32 | NEUTRAL | The Stochastics value for XPON is a neutral value. |
| Average True Range in percent/ATR (20) | 11.36 | HIGH VOLATILITY | The high ATR as a percentage value for XPON suggests high volalility. |
| Average Directional Index/ADX (14) | 11.14 | NEGATIVE | The low ADX value for XPON suggests a weak or negative trend. |
0.773
+0.03 (+4.66%)
EXPION360 INC / XPON FAQ
What is the ChartMill technical rating of EXPION360 INC (XPON) stock?
ChartMill assigns a technical rating of 0 / 10 to XPON.
What is the current trend direction of EXPION360 INC (XPON) stock?
The current trend direction for EXPION360 INC (XPON) is Bearish.
What is the RSI signal for EXPION360 INC (XPON) stock?
EXPION360 INC (XPON) has an RSI value of 42.3949. This indicates that the stock is currently neutral.
What is the MACD signal for EXPION360 INC (XPON) stock?
The MACD indicator for EXPION360 INC (XPON) has a value of 0.000919776, indicating a bearish trend.
Can you provide the buy/sell signal for EXPION360 INC?
The buy/sell signal for EXPION360 INC (XPON) is sell as both the short term and long term trends are negative.