Technical Analysis for NXL - Nexalin Technology, Inc.

Grade Last Price % Change Price Change
C 0.70 -3.37% -0.02
NXL closed down 3.37 percent on Friday, May 31, 2024, on 6 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Spinning Top Other 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -3.37%
Inside Day Range Contraction -3.37%
Wide Bands Range Expansion -3.37%
Gapped Up Strength -3.37%

   Recent Intraday Alerts

Alert Time
Down 5% 2 days ago
Down 3% 2 days ago
Fell Below Previous Day's Low 2 days ago
Down 2 % 2 days ago
Down 1% 2 days ago

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Profile

Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China. It licenses and markets Nexalin Device, a non-invasive and drug-free therapy for the treatment of anxiety and insomnia. The company's Nexalin device emits a patented frequency-based waveform, which stimulates a positive response from the mid-brain structures associated with various mental health disorders. It also engages in the development of Generation 2, a medical device that is in clinical trials for the treatment of substance abuse issues related to opiates, chronic pain, Alzheimer's disease, and dementia. The company was incorporated in 2021 and is headquartered in Houston, Texas.
Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: Neuroscience Alzheimer's Disease Mental Health Chronic Pain Dementia Psychiatric Diagnosis Psychiatry Insomnia Mental Disorder Neurostimulation Mental Health Disorders

Is NXL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.4
52 Week Low 0.2528
Average Volume 676,226
200-Day Moving Average 0.66
50-Day Moving Average 1.45
20-Day Moving Average 1.15
10-Day Moving Average 0.99
Average True Range 0.18
RSI (14) 30.07
ADX 20.92
+DI 13.93
-DI 34.13
Chandelier Exit (Long, 3 ATRs) 1.17
Chandelier Exit (Short, 3 ATRs) 1.18
Upper Bollinger Bands 1.60
Lower Bollinger Band 0.69
Percent B (%b) 0.01
BandWidth 79.14
MACD Line -0.18
MACD Signal Line -0.12
MACD Histogram -0.0602
Fundamentals Value
Market Cap 5.1 Million
Num Shares 7.29 Million
EPS -0.64
Price-to-Earnings (P/E) Ratio -1.09
Price-to-Sales 17.28
Price-to-Book 0.68
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.81
Resistance 3 (R3) 0.82 0.78 0.79
Resistance 2 (R2) 0.78 0.75 0.78 0.79
Resistance 1 (R1) 0.74 0.74 0.73 0.74 0.78
Pivot Point 0.71 0.71 0.70 0.71 0.71
Support 1 (S1) 0.67 0.68 0.65 0.66 0.62
Support 2 (S2) 0.63 0.66 0.63 0.61
Support 3 (S3) 0.59 0.63 0.61
Support 4 (S4) 0.59