EXPRO GROUP HOLDINGS NV (XPRO) Stock Technical Analysis
NYSE:XPRO • NL0010556684
We assign a technical rating of 10 out of 10 to XPRO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XPRO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, XPRO did better than 86% of all other stocks.
- XPRO 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 XPRO is lagging the market slightly.
- XPRO has an average volume of 1181750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- XPRO is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, XPRO did better than 55% of them.
- In the last month XPRO has a been trading in the 15.17 - 18.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, XPRO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 16.71, a Stop Loss order could be placed below this zone.
More info and screens
14.13
4 important support areas can be observed.
- A support zone ranging from 16.62 to 16.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.30 to 15.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.04 from a trend line in the weekly time frame.
- Support @14.27 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @17.79 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for XPRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XPRO is up. |
| ChartMill Relative Strength | 86.92 | POSITIVE | XPRO has a high relative strength, it outperformed 86.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XPRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XPRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XPRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.5 | NEUTRAL | The RSI value for XPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests XPRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.1 | NEUTRAL | The Stochastics value for XPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for XPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.09 | NEUTRAL | The ADX value for XPRO suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.80 | 16.61 | 1.19 (6.69%) | 14.96% |
| An entry @17.80. This is a Buy Stop order right above the resistance zone. | An exit @16.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.19 points, which is 6.69%. | For a 1.00% total portfolio risk, you can invest 14.96% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of XPRO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
17.3
-0.43 (-2.43%)
EXPRO GROUP HOLDINGS NV / XPRO FAQ
What is the ChartMill technical rating of EXPRO GROUP HOLDINGS NV (XPRO) stock?
ChartMill assigns a technical rating of 10 / 10 to XPRO.
What is the current trend direction of EXPRO GROUP HOLDINGS NV (XPRO) stock?
The current trend direction for EXPRO GROUP HOLDINGS NV (XPRO) is Bullish.
What is the RSI signal for XPRO stock?
EXPRO GROUP HOLDINGS NV (XPRO) has an RSI value of 58.4995. This indicates that the stock is currently neutral.
What is the MACD signal for XPRO stock?
The MACD indicator for EXPRO GROUP HOLDINGS NV (XPRO) has a value of 0.0631451, indicating a bearish trend.
What is the buy/sell signal for XPRO stock?
The buy/sell signal for EXPRO GROUP HOLDINGS NV (XPRO) is buy as both the short term and long term trends are positive.