NEXALIN TECHNOLOGY INC (NXL)

US65345B2016 - Common Stock

2.71  -0.17 (-5.9%)

Technical Rating and Analysis

8

Taking everything into account, NXL scores 8 out of 10 in our technical rating. In the last year, NXL was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month NXL has a been trading in the 2.35 - 4.49 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 100% of 187 stocks in the same industry.
NXL has an average volume of 2136720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
NXL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXL is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NXL Weekly chart
NXL Daily chart
Setup Rating and Analysis

3

Although NXL has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.58

2.74

We found 1 important support area.

  • A support zone ranging from 2.61 to 2.62. 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
CRS99.45
Mansfield8.47
10 Day High4.19
10 Day Low2.35
20 Day High4.49
20 Day Low2.35
52 Week High4.49
52 Week Low0.25
Performance
1 Week-2.37%
2 Weeks-31.75%
1 Month-25.19%
3 Month307.93%
6 Month70.41%
12 Month611.46%
2 Year284.51%
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)-0.2
RSI(14)39.79
LBB2.21
UBB4.81
NXL Daily chart

NEXALIN TECHNOLOGY INC

NASDAQ:NXL (12/27/2024, 2:08:30 PM)

2.71

-0.17 (-5.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-5.9%
1 Week-2.37%
2 Weeks-31.75%
1 Month-25.19%
3 Month307.93%
6 Month70.41%
12 Month611.46%
2 Year284.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%13.1%
ATR Inc-39.4%
Range Today0.3
ADR(20)0.37
ADR(20)%13.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.45
Mansfield8.47
10 Day High4.19
10 Day Low2.35
20 Day High4.49
20 Day Low2.35
52 Week High4.49
52 Week Low0.25
CS1 End2.62
CR1 StartN/A
Volume & EV
DER(3)0.75%
DER(5)-1.78%
Volume189.71K
Volume Incr-1.75%
Vol(5)524.42K
Vol(50)2.14M