Logo image of NXL

NEXALIN TECHNOLOGY INC (NXL) Stock Technical Analysis

NASDAQ:NXL - Nasdaq - US65345B2016 - Common Stock - Currency: USD

2.57  -0.03 (-1.15%)

After market: 2.58 +0.01 (+0.39%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to NXL. In the last year, NXL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month NXL has a been trading in the 2.34 - 3.45 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that NXL is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, NXL also shows a nice and consistent pattern of rising prices.
NXL is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 99% of 191 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NXL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NXL is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NEXALIN TECHNOLOGY INC / NXL Weekly stock chart
NEXALIN TECHNOLOGY INC / NXL Daily stock chart
Setup Rating and Analysis

7

NXL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for NXL 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.
Support and Resistance Analysis

2.48

2.60

When analyzing the support we notice one important area.

  • Support @2.50 from a horizontal line in the daily time frame.

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
CRS99.08
Mansfield4.3
10 Day High3.32
10 Day Low2.34
20 Day High3.45
20 Day Low2.34
52 Week High4.49
52 Week Low0.25
Performance
1 Week-8.87%
2 Weeks2.39%
1 Month-10.76%
3 Month-18.67%
6 Month135.78%
12 Month571.19%
2 Year142.45%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.02
RSI(14)40.84
LBB2.36
UBB3.27
NEXALIN TECHNOLOGY INC / NXL Daily stock chart

NEXALIN TECHNOLOGY INC

NASDAQ:NXL (1/28/2025, 8:00:02 PM)

After market: 2.58 +0.01 (+0.39%)

2.57

-0.03 (-1.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.15%
1 Week-8.87%
2 Weeks2.39%
1 Month-10.76%
3 Month-18.67%
6 Month135.78%
12 Month571.19%
2 Year142.45%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%13.11%
ATR Inc6.83%
Range Today0.36
ADR(20)0.31
ADR(20)%12.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.08
Mansfield4.3
10 Day High3.32
10 Day Low2.34
20 Day High3.45
20 Day Low2.34
52 Week High4.49
52 Week Low0.25
CS1 End2.5
CR1 StartN/A
Volume & EV
DER(3)5.2%
DER(5)3.07%
Volume310.40K
Volume Incr-45.32%
Vol(5)243.67K
Vol(50)539.63K