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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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Stronger technical forecast for ExlService Holdings stock price after Tuesday trading.
(Updated on Jun 11, 2024)

Hold candidate since Jun 11, 2024 PDF

The ExlService Holdings stock price fell by -0.513% on the last day (Tuesday, 11th Jun 2024) from $29.25 to $29.10. During the last trading day the stock fluctuated 1.23% from a day low at $28.79 to a day high of $29.15. The price has fallen in 6 of the last 10 days and is down by -3.74% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -44 thousand shares and in total, 621 thousand shares were bought and sold for approximately $18.07 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.69% during the next 3 months and, with a 90% probability hold a price between $27.41 and $29.74 at the end of this 3-month period.

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EXLS Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, June 06, 2024, and so far it has risen 0.0344%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ExlService Holdings stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $29.27 and $30.02. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Thursday, June 06, 2024 and based on theory for this formation the price should go up by 14.02% to $33.18 within 26 trading days since signal was issued (Wednesday, June 12, 2024).

Support, Risk & Stop-loss for ExlService Holdings stock

ExlService Holdings finds support from accumulated volume at $29.09 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 $0.355 (1.23%) between high and low. For the last week, the stock has had daily average volatility of 2.01%.

ExlService Holdings is oversold on RSI14 (21). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $27.19 (-6.58%) (This stock has low daily movements and this gives low risk. Low RSI14 is 21 which reduces the risk some. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (EXLS) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect ExlService Holdings to open at $29.01, and during the day (based on 14 day Average True Range), to move between $28.50 and $29.70, which gives a possible trading interval of +/-$0.599 (+/-2.06%) up or down from last closing price. If ExlService Holdings takes out the full calculated possible swing range there will be an estimated 4.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $29.09 (0.03%) than the resistance at $29.50 (1.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ExlService Holdings stock A Buy?

ExlService Holdings holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.795 Hold/Accumulate Upgraded

Predicted Opening Price for ExlService Holdings of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$29.01 ( 0.304%) $29.10

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
R3 29.37 0.92%
R2 29.23 0.450%
R1 29.15 0.162%
Price 29.10
S1 28.88 -0.770%
S2 28.79 -1.06%
S3 28.66 -1.52%

Accumulated Volume Support & Resistance Levels

Level Price
R3 29.85 2.58%
R2 29.57 1.62%
R1 29.50 1.37%
Price 29.10
S1 29.09 -0.0344%
S2 29.07 -0.103%
S3 29.00 -0.344%

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?
ExlService Holdings holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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 Jun 11, 2024, the price of an ExlService Holdings (EXLS) share was $29.10.

What is the 52-week high and low for ExlService Holdings Stock?
The 52-week high for ExlService Holdings Stock is $165.16 and the 52-week low is $25.17.

What is the market capitalization of ExlService Holdings Stock?
As of the Jun 11, 2024, the market capitalization of ExlService Holdings is 4.727B.

When is the next earnings date for ExlService Holdings?
The upcoming earnings date for ExlService Holdings is Jul 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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