EXELIXIS INC. - Daily - Technical analysis published on 07/15/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 21.48 USD
My targets
23.22 USD (+7.50%)
24.76 USD (+14.63%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on EXELIXIS INC.. This is a positive signal for buyers. As long as the price remains above 21.48 USD, a purchase could be considered. The first bullish objective is located at 23.22 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 24.76 USD as an objective. Crossing it would then enable buyers to target 29.24 USD. In the event of a return below 21.48 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EXELIXIS INC. price is 21.60 USD. On the day, this instrument gained +2.96% with the lowest point at 21.00 USD and the highest point at 21.75 USD. The deviation from the price is +2.86% for the low point and -0.69% for the high point.21.00
21.75
21.60
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of EXELIXIS INC. indicates that the overall trend is bullish. 75% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 10 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.32 | 20.49 | 21.48 | 21.60 | 23.22 | 24.76 | 29.24 |
| Change (%) | -15.19% | -5.14% | -0.56% | - | +7.50% | +14.63% | +35.37% |
| Change | -3.28 | -1.11 | -0.12 | - | +1.62 | +3.16 | +7.64 |
| Level | Major | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.38 | 20.54 | 20.76 | 20.92 | 21.14 | 21.30 | 21.52 |
| Camarilla | 20.88 | 20.91 | 20.95 | 20.98 | 21.02 | 21.05 | 21.09 |
| Woodie | 20.41 | 20.56 | 20.79 | 20.94 | 21.17 | 21.32 | 21.55 |
| Fibonacci | 20.54 | 20.69 | 20.78 | 20.92 | 21.07 | 21.16 | 21.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.30 | 19.73 | 20.35 | 20.79 | 21.41 | 21.85 | 22.47 |
| Camarilla | 20.69 | 20.79 | 20.88 | 20.98 | 21.08 | 21.17 | 21.27 |
| Woodie | 19.39 | 19.78 | 20.45 | 20.84 | 21.51 | 21.89 | 22.57 |
| Fibonacci | 19.73 | 20.13 | 20.38 | 20.79 | 21.19 | 21.44 | 21.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.71 | 18.57 | 19.97 | 20.83 | 22.23 | 23.09 | 24.49 |
| Camarilla | 20.75 | 20.96 | 21.16 | 21.37 | 21.58 | 21.79 | 21.99 |
| Woodie | 17.98 | 18.70 | 20.24 | 20.96 | 22.50 | 23.23 | 24.76 |
| Fibonacci | 18.57 | 19.43 | 19.97 | 20.83 | 21.69 | 22.23 | 23.09 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 58.92 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 6.25 | |
| AROON (14): | -28.58 | |
| DEMA (21): | 21.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.16 | |
| Elder Ray (13): | 0.33 | |
| Super Trend (3,10): | 19.63 | |
| Zig ZAG (10): | 21.60 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 60.57 | |
| TEMA (21): | 21.34 | |
| Williams %R (14): | -13.95 | |
| Chande Momentum Oscillator (20): | 0.73 | |
| Repulse (5,40,3): | 4.3600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 1.73 |
| MA7: | 21.00 | |
| MA20: | 21.07 | |
| MA50: | 20.38 | |
| MA100: | 21.60 | |
| MAexp7: | 21.13 | |
| MAexp20: | 20.95 | |
| MAexp50: | 20.87 | |
| MAexp100: | 21.00 | |
| Price / MA7: | +2.86% | |
| Price / MA20: | +2.52% | |
| Price / MA50: | +5.99% | |
| Price / MA100: | -0% | |
| Price / MAexp7: | +2.22% | |
| Price / MAexp20: | +3.10% | |
| Price / MAexp50: | +3.50% | |
| Price / MAexp100: | +2.86% |
News
Don"t forget to follow the news on EXELIXIS INC.. At the time of publication of this analysis, the latest news was as follows:
- Exelixis and Iconic Therapeutics Enter into Exclusive Option and License Agreement for Novel Antibody-Drug Conjugate Program
- Exelixis Announces First Quarter 2019 Financial Results and Provides Corporate Update
- Exelixis Announces Fourth Quarter and Full Year 2018 Financial Results and Provides Corporate Update
- Exelixis to Initiate Phase 1 Clinical Development of XL092, First New Compound to Enter the Clinic from Reinitiated Discovery Efforts
- Exelixis to Present at the Guggenheim Healthcare Talks Idea Forum / Oncology Day 2019 on February 14, 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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