XPON Technical Analysis - EXPION360 INC

Technical Rating and Analysis

We assign a technical rating of 5 out of 10 to XPON. In the past year, XPON was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

XPON is one of the lesser performing stocks in the Electrical Equipment industry. 60% of 92 stocks in the same industry do better.

XPON 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 XPON has a been trading in the 1.11 - 2.05 range, which is quite wide. It is currently trading near the high of this range.

XPON has an average volume of 11193600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Looking at the yearly performance, XPON did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

XPON has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.07

1.90

When analyzing the support we can see 3 important areas.

A support zone ranging from 1.36 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @1.24 from a trend line in the daily time frame.
Support @1.08 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 1.86 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for XPON is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for XPON is neutral.
ChartMill Relative Strength	73.19	POSITIVE	XPON has a high relative strength, it outperformed 73.19% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of XPON is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of XPON is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of XPON is above a declining SMA(200).
Relative Strength Index/RSI (14)	60.38	NEUTRAL	The RSI value for XPON is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.03	POSITIVE	The MACD value suggests XPON has a positive trend.
Stochastics (14,3)	63.07	NEUTRAL	The Stochastics value for XPON is a neutral value.
Average True Range in percent/ATR (20)	10.36	HIGH VOLATILITY	The high ATR as a percentage value for XPON suggests high volalility.
Average Directional Index/ADX (14)	44.68	POSITIVE	The high ADX value value for XPON suggests a strong trend.