Exelixis Stock Technical Analysis

EXEL Stock  USD 22.49  0.38  1.66%   
As of the 18th of April 2024, Exelixis shows the Downside Deviation of 1.84, mean deviation of 1.03, and Coefficient Of Variation of 6631.42. Exelixis technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Exelixis, which can be compared to its peers. Please confirm Exelixis treynor ratio, and the relationship between the standard deviation and downside variance to decide if Exelixis is priced favorably, providing market reflects its regular price of 22.49 per share. Given that Exelixis has jensen alpha of (0.01), we urge you to verify Exelixis's prevailing market performance to make sure the company can sustain itself at a future point.

Exelixis Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Exelixis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Exelixis
  
Exelixis' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Exelixis Analyst Consensus

Target PriceAdvice# of Analysts
25.76Buy21Odds
Exelixis current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Exelixis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Exelixis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Exelixis, talking to its executives and customers, or listening to Exelixis conference calls.
Exelixis Analyst Advice Details
Exelixis technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Exelixis technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Exelixis trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Exelixis Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Exelixis volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Exelixis Trend Analysis

Use this graph to draw trend lines for Exelixis. You can use it to identify possible trend reversals for Exelixis as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Exelixis price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Exelixis Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Exelixis applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Exelixis will continue generating value for investors. It has 122 observation points and a regression sum of squares at 74.71, which is the sum of squared deviations for the predicted Exelixis price change compared to its average price change.

About Exelixis Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Exelixis on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Exelixis based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Exelixis price pattern first instead of the macroeconomic environment surrounding Exelixis. By analyzing Exelixis's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Exelixis's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Exelixis specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2016 2021 2022 2024 (projected)
Payables Turnover1.532.182.152.29
Days Of Inventory On Hand211.05189.7987.16180.3

Exelixis April 18, 2024 Technical Indicators

Most technical analysis of Exelixis help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Exelixis from various momentum indicators to cycle indicators. When you analyze Exelixis charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Exelixis April 18, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Exelixis stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Exelixis is a strong investment it is important to analyze Exelixis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Exelixis' future performance. For an informed investment choice regarding Exelixis Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exelixis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Exelixis Stock please use our How to buy in Exelixis Stock guide.
Note that the Exelixis information on this page should be used as a complementary analysis to other Exelixis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Exelixis Stock analysis

When running Exelixis' price analysis, check to measure Exelixis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exelixis is operating at the current time. Most of Exelixis' value examination focuses on studying past and present price action to predict the probability of Exelixis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exelixis' price. Additionally, you may evaluate how the addition of Exelixis to your portfolios can decrease your overall portfolio volatility.
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Is Exelixis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Exelixis. If investors know Exelixis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Exelixis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.99)
Earnings Share
0.65
Revenue Per Share
5.753
Quarterly Revenue Growth
0.131
Return On Assets
0.0355
The market value of Exelixis is measured differently than its book value, which is the value of Exelixis that is recorded on the company's balance sheet. Investors also form their own opinion of Exelixis' value that differs from its market value or its book value, called intrinsic value, which is Exelixis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Exelixis' market value can be influenced by many factors that don't directly affect Exelixis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Exelixis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exelixis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exelixis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.