Technical Analysis

Based on the provided data, here is a comprehensive technical analysis of EXE stock:

Technical Indicators Analysis

1. Relative Strength Index (RSI):

   • RSI(14): 37.60 (Oversold zone approaching, indicating potential buying opportunity).
   • RSI(6): 26.32 (Deeply oversold, suggesting short-term rebound potential).

2. Stochastic Oscillator:

   • %K(14,3,3): 8.86
   • %D(14,3,3): 11.38
   • Both values are in the oversold range (<20), signaling a potential reversal.

3. MACD:

   • MACD Line: -0.50
   • Signal Line: 0.41
   • Histogram: -0.90
   • The MACD is bearish, but the histogram shows a potential weakening of the downtrend.

4. Bollinger Bands:

   • Lower Band (BBL): 96.85
   • Middle Band (BBM): 103.78
   • Upper Band (BBU): 110.71
   • Current price is near the lower Bollinger Band, indicating the stock is oversold.

Support and Resistance Levels

• Fibonacci Levels:
  • Resistance 1: $107.81
  • Support 1: $98.53
  • Pivot Point: $103.17
• Key Support: $95.67 (Fibonacci S2)
• Key Resistance: $110.67 (Fibonacci R2)

Price Trend

• Recent closing price: $98.93 (as of 2025-02-28).
• The stock has been in a short-term downtrend, with lower highs and lower lows over the past month.
• Volume has been moderate, suggesting no significant accumulation or distribution.

Recommendation

• Action: Hold or cautiously buy.
• Rationale: The stock is oversold based on RSI and Stochastic indicators, and it is trading near key support levels. However, the MACD remains bearish, suggesting caution. A confirmed reversal signal (e.g., bullish candlestick pattern or MACD crossover) would strengthen the buy case.
• Target Price: $103.17 (Pivot Point) in the short term.
• Stop Loss: $95.00 to limit downside risk.