RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EXLS
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Green day on Thursday for ExlService Holdings
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 1.66% PDF

The ExlService Holdings stock price gained 1.66% on the last trading day (Thursday, 28th Mar 2024), rising from $31.28 to $31.80. During the last trading day the stock fluctuated 2.50% from a day low at $31.14 to a day high of $31.92. The price has been going up and down for this period, and there has been a 3.48% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 195 thousand more shares were traded than the day before. In total, 865 thousand shares were bought and sold for approximately $27.52 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect ExlService Holdings stock with a 90% probability to be traded between $30.09 and $33.42 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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EXLS Signals & Forecast

The ExlService Holdings stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $31.19 and $30.99. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, March 19, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Friday, March 15, 2024 and based on theory for this formation the price should go up by 2.15% to $32.48 within 22 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for ExlService Holdings stock

ExlService Holdings finds support from accumulated volume at $31.28 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.779 (2.50%) between high and low. For the last week, the stock has had daily average volatility of 2.02%.

Our recommended stop-loss: $30.49 (-4.12%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)

Trading Expectations (EXLS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect ExlService Holdings to open at $31.62, and during the day (based on 14 day Average True Range), to move between $31.00 and $32.60, which gives a possible trading interval of +/-$0.797 (+/-2.51%) up or down from last closing price. If ExlService Holdings takes out the full calculated possible swing range there will be an estimated 5.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $31.87 (0.22%) than the support at $31.28 (1.64%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ExlService Holdings stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for ExlService Holdings stock to perform well in the short-term period.

Current score: 2.103 Buy Candidate Unchanged

Predicted Opening Price for ExlService Holdings of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$31.62 ( 0.565%) $31.80

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for EXLS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 32.40 1.89 %
R2 32.10 0.95 %
R1 31.92 0.371 %
Current price: 31.80
Support S1 31.32 -1.50 %
S2 31.14 -2.08 %
S3 30.84 -3.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 32.79 3.11 %
R2 32.39 1.86 %
R1 31.87 0.220 %
Current price 31.80
Support S1 31.28 -1.64%
S2 30.70 -3.46%
S3 29.85 -6.13%

FAQ

What is the symbol for ExlService Holdings Stock and on which exchange is it traded?
The symbol for ExlService Holdings is EXLS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ExlService Holdings Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for ExlService Holdings stock to perform well in the short-term period.

How to buy ExlService Holdings Stock?
ExlService Holdings Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ExlService Holdings Stock.

What's the current price of ExlService Holdings Stock?
As of the end of day on the 2024-03-28, the price of an ExlService Holdings (EXLS) share was $31.80.

What is the 52-week high and low for ExlService Holdings Stock?
The 52-week high for ExlService Holdings Stock is $179.72 and the 52-week low is $25.17.

What is the market capitalization of ExlService Holdings Stock?
As of the 2024-03-28, the market capitalization of ExlService Holdings is 5.186B.

When is the next earnings date for ExlService Holdings?
The upcoming earnings date for ExlService Holdings is Apr 25, 2024.
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About ExlService Holdings

ExlService Holdings ExlService Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. The company provides digital operations and solutions and analytics-driven services across the insurance industry in areas, such as claims processing, premium and benefit administration, agency management, account reconci... EXLS Profile

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