EXPION360 INC (XPON) Stock Technical Analysis
NASDAQ:XPON - Nasdaq - US30218B2097 - Common Stock - Currency: USD
Overall XPON gets a technical rating of 4 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.
When comparing the yearly performance of all stocks, XPON is a bad performer in the overall market: 93% of all stocks are doing better.
XPON is part of the Electrical Equipment industry. There are 93 other stocks in this industry, of which 75% are performing better than XPON.
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.
XPON has an average volume of 1220450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month XPON has a been trading in the 0.87 - 1.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
XPON has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. 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
0.86
1.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.10 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.96 from a trend line in the daily time frame.
- Support @0.94 from a trend line in the daily time frame.
- Support @0.87 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.43 from a trend 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 | 7.19 | NEGATIVE | XPON has a low relative strength, it was outperformed by 92.81% 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 | POSITIVE | The current price of XPON is above 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) | 53.13 | NEUTRAL | The RSI value for XPON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests XPON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.7 | OVERSOLD | The low Stochastics value suggests XPON may be oversold. |
| Average True Range in percent/ATR (20) | 13.09 | HIGH VOLATILITY | The high ATR as a percentage value for XPON suggests high volalility. |
| Average Directional Index/ADX (14) | 28.87 | POSITIVE | The high ADX value value for XPON 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)
1.18
+0.02 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.72%
1 Week5.36%
2 Weeks-13.87%
1 Month32.6%
3 Month24.21%
6 Month-18.62%
12 Month-85.03%
2 Year-99.76%
3 Year-99.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%13.09%
ATR Inc-36.31%
Range Today0.06
ADR(20)0.15
ADR(20)%12.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.19
Mansfield-5.28
10 Day High1.34
10 Day Low1.08
20 Day High1.77
20 Day Low0.87
52 Week High22.81
52 Week Low0.6
CS1 End1.1
CR1 Start1.43
Volume & EV
DER(3)9.03%
DER(5)6.55%
Volume28.20K
Volume Incr-98.77%
Vol(5)36.58K
Vol(50)1.22M