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Stop-loss: $2.48 (-5.74%)
Key Stats
Beta 2.38
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 38 and the stock is currently not being overbought or oversold

Exela Technologies, Inc. stock price ended on $2.63 on Friday after gaining 1.15% (Updated on July 30, 2021)


Buy or Hold candidate since 2021-06-30 Gain 10.04%

The Exela Technologies, Inc. stock price gained 1.15% on the last trading day (Friday, 30th Jul 2021), rising from $2.60 to $2.63. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 5.10% from a day low at $2.55 to a day high of $2.68. The price has been going up and down for this period, and there has been a -19.57% loss for the last 2 weeks. Volume fell on the last day by -4 million shares and in total, 13 million shares were bought and sold for approximately $34.04 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 53.76% during the next 3 months and, with a 90% probability hold a price between $3.04 and $7.20 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, July 13, 2021, and so far it has fallen -39.40%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD). The Exela Technologies, Inc. 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 $2.56 and $2.35. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss

Exela Technologies, Inc. finds support from accumulated volume at $2.62 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.13 between high and low, or 5.10%. For the last week, the stock has had a daily average volatility of 11.66%.

Our recommended stop-loss: $2.48 (-5.74%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 13 day(s) ago.)

Is Exela Technologies, Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Exela Technologies, Inc. stock to perform well in the short-term.

Current score: 1.736

Predicted Opening Price for Exela Technologies, Inc. of Monday, August 2, 2021

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

Fair opening price August 2, 2021 Current price
$2.62 $2.63 (Overvalued)
Buy Candidate Unchanged

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Analyst Ratings

Cantor Fitzgerald is very positive about XELA and gave it a "Overweight" rating on June 02, 2021. The price target was set to $4.00.

Volatility
11.66 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $2.68
Price: $2.63
Support: $2.62

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 2.75 4.56 %
2.70 2.67 %
2.67 1.51 %
Current price: 2.63
Support 2.57 -2.27 %
2.54 -3.43 %
2.49 -5.32 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 2.91 10.65 %
2.80 6.46 %
2.68 1.90 %
Current price 2.63
Support 2.62 -0.38%
2.39 -9.13%
2.34 -11.03%

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