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EXLS Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top EXLS on October 03, 2023, netting in a 10.60% gain over 3 weeks

A.I.dvisor
at Tickeron.com
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+10.60% Gain from a Successful pattern Head-and-Shoulders Top
EXLS - ExlService Holdings
Tickeron
Ticker: EXLS
Company: ExlService Holdings
Gain from shortening: +10.6%
Confirmed: 10/03/23
Succeeded: 10/23/23
Total length: 25 days
On September 28, 2023, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for ExlService Holdings (EXLS, $28.50). 5 days later, on October 03, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 23, 2023, the stock hit the target price of $26.10 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

EXLS saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for EXLS moved out of overbought territory on November 15, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 62 similar instances where the indicator exited the overbought zone. In of the 62 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for EXLS moved out of overbought territory on November 14, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 53 similar instances where the indicator moved out of overbought territory. In of the 53 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EXLS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EXLS broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 30, 2024. You may want to consider a long position or call options on EXLS as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EXLS just turned positive on October 31, 2024. Looking at past instances where EXLS's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EXLS advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 313 cases where EXLS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. EXLS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.924) is normal, around the industry mean (9.938). P/E Ratio (39.202) is within average values for comparable stocks, (47.925). Projected Growth (PEG Ratio) (1.619) is also within normal values, averaging (1.721). EXLS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.024). P/S Ratio (4.168) is also within normal values, averaging (43.754).

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EXLS
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General Information

a provider of transformation and outsourcing services

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Data Processing Services
Address
320 Park Avenue
Phone
+1 212 277-7100
Employees
54000
Web
https://www.exlservice.com