Strong Growth Stock Technical Setups. Analyze technical breakout patterns in stocks which are growing strongly while having decent profitability and health.


EXELIXIS INC

Nasdaq / Health Care / Biotechnology

Technical Rating and Analysis

8

Overall EXEL gets a technical rating of 8 out of 10. In the last year, EXEL was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that EXEL is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, EXEL also shows a nice and consistent pattern of rising prices.
EXEL is part of the Biotechnology industry. There are 568 other stocks in this industry. EXEL outperforms 92% of them.
EXEL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EXEL slightly outperforms the market at the moment.
EXEL has an average volume of 2730360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EXEL has a been trading in the 32.38 - 38.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EXELIXIS INC / EXEL Weekly stock chart
EXELIXIS INC / EXEL Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, EXEL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 36.25. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

20.00

39.55

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 35.33 to 36.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @34.62 from a trend line in the daily time frame.
  • Support @33.29 from a horizontal line in the daily time frame.
  • A support zone ranging from 32.37 to 32.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @22.28 from a trend line in the weekly time frame.
  • Support @20.20 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 36.25 to 36.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 38.70 to 39.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.39
Mansfield3.18
10 Day High36.67
10 Day Low32.38
20 Day High38.41
20 Day Low32.38
52 Week High40.02
52 Week Low20.14
Performance
1 Week5.02%
2 Weeks-1.34%
1 Month-2.66%
3 Month-0.03%
6 Month25.22%
12 Month60.7%
2 Year97.76%
3 Year62%
5 Year46.55%
10 Year1308.17%
15 Year523.97%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)50.54
LBB33.87
UBB37.6
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
36.3135.320.99 (2.73%)25.00%
An entry @36.31. This is a Buy Stop order right above the resistance zone.An exit @35.32. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.99 points, which is 2.73%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%.

  • The distance between exit and entry is rather small compared to the average daily movement of EXEL. 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.