EXPION360 INC (XPON) Stock Technical Analysis
NASDAQ:XPON - Nasdaq - US30218B2097 - Common Stock - Currency: USD
Overall XPON gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. XPON was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
98% 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. 86% of 94 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. The S&P500 Index is trading in the upper part of its 52 week range, so XPON is lagging the market.
In the last month XPON has a been trading in the 0.73 - 1.00 range, which is quite wide. It is currently trading near the high of this range.
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. We notice that large players showed an interest for XPON in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.74
1.07
We found 3 important support areas.
- Support @0.83 from a trend line in the weekly time frame.
- Support @0.80 from a trend line in the daily time frame.
- Support @0.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.99 from a horizontal line in the daily time frame.
- Resistance @1.06 from a horizontal line 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 | NEUTRAL | NEUTRAL | The short term trend for XPON is neutral. |
| ChartMill Relative Strength | 2.89 | NEGATIVE | XPON has a low relative strength, it was outperformed by 97.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XPON is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XPON is below the rising 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) | 46.03 | NEUTRAL | The RSI value for XPON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests XPON has a negative trend. |
| Stochastics (14,3) | 41.07 | NEUTRAL | The Stochastics value for XPON is a neutral value. |
| Average True Range in percent/ATR (20) | 8.02 | HIGH VOLATILITY | The high ATR as a percentage value for XPON suggests high volalility. |
| Average Directional Index/ADX (14) | 12.28 | NEGATIVE | The low ADX value for XPON suggests a weak or negative 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)
0.8769
-0.06 (-6.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-6.61%
1 Week-8.94%
2 Weeks-2.57%
1 Month16.07%
3 Month-14.03%
6 Month-59.21%
12 Month-99.15%
2 Year-99.82%
3 Year-99.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.02%
ATR Inc15.62%
Range Today0.09
ADR(20)0.07
ADR(20)%7.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.89
Mansfield-9.27
10 Day High1
10 Day Low0.87
20 Day High1
20 Day Low0.73
52 Week High120
52 Week Low0.6
CS1 End0.83
CR1 Start0.94
Volume & EV
DER(3)-2.98%
DER(5)6.57%
Volume66.90K
Volume Incr-86.07%
Vol(5)43.42K
Vol(50)159.91K