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XPEL Inc (XPEL): Price Now Near $72.6; Daily Chart Shows Downtrend on 100 Day Basis

This is a reversal of the price action on the previous day, in which price moved down. The post XPEL Inc (XPEL): Price Now Near $72.6; Daily Chart Shows Downtrend on 100 Day Basis appeared first on ETF Daily News. ...

The Hourly View for XPEL

Currently, XPEL (Get Ratings)’s price is down $-1.06 (-1.44%) from the hour prior. XPEL has seen its price go down 8 out of the past 10 hours, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Out of Fabricated Products stocks, XPEL ranks 2nd in regards to today’s price percentage change.

XPEL’s Technical Outlook on the Daily Chart

At the moment, XPEL’s price is up $0.01 (0.01%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. XPEL Inc’s price action over the past 90 days can be seen via the chart below.

XPEL

<In comparison to its 7 day average, XPEL's volume of shares traded is 84.61% lower, now standing at 21897.

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XPEL: Daily RSI Analysis

  • XPEL’s RSI now stands at 0.2646.
  • XPEL and RSI may be exhibiting divergent trends. This may be something to monitor.

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The post XPEL Inc (XPEL): Price Now Near $72.6; Daily Chart Shows Downtrend on 100 Day Basis appeared first on ETF Daily News.

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