EXPRO GROUP HOLDINGS NV (XPRO) Stock Technical Analysis
USA - NYSE:XPRO - NL0010556684 - Common Stock
12.44 USD
-0.21 (-1.66%)
12.44 USD
0 (0%)
Taking everything into account, XPRO scores 8 out of 10 in our technical rating. Although XPRO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
XPRO is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 76% of 61 stocks in the same industry.
XPRO has an average volume of 1134250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that XPRO is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
XPRO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XPRO is lagging the market.
In the last month XPRO has a been trading in the 11.60 - 13.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. We notice that large players showed an interest for XPRO 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
9.23
13.32
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.34 to 12.42. 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 11.86 to 12.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.61 from a trend line in the daily time frame.
- Support @9.32 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.48 to 12.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.10 to 13.19. This zone is formed by a combination of multiple trend lines 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 | 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 | 74.82 | POSITIVE | XPRO has a high relative strength, it outperformed 74.82% 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) | 51.45 | NEUTRAL | The RSI value for XPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests XPRO has a negative trend. |
| Stochastics (14,3) | 54.48 | NEUTRAL | The Stochastics value for XPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for XPRO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.47 | NEGATIVE | The low ADX value for XPRO 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)
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 |
|---|---|---|---|
| 12.68 | 12.33 | 0.35 (2.76%) | 25.00% |
| An entry @12.68. This is a Buy Stop order right above the resistance zone. | An exit @12.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 2.76%. | For a 0.69% total portfolio risk, you can invest 25.00% 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.
12.44
-0.21 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.66%
1 Week3.41%
2 Weeks-0.48%
1 Month3.67%
3 Month47.92%
6 Month43.65%
12 Month-23.45%
2 Year-21.02%
3 Year-34.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%4.49%
ATR Inc-40.28%
Range Today0.36
ADR(20)0.53
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.82
Mansfield0.18
10 Day High13.35
10 Day Low11.92
20 Day High13.35
20 Day Low11.6
52 Week High16.39
52 Week Low6.7
CS1 End12.42
CR1 Start12.48
Volume & EV
DER(3)5.53%
DER(5)3.66%
Volume794.00K
Volume Incr-17.32%
Vol(5)1.02M
Vol(50)1.13M