eXp World Holdings (EXPI) Soars 11.74% on Bullish Technical Signals

eXp World Holdings (EXPI) shares rose 0.36% today, marking the third consecutive day of gains, with a cumulative increase of 13.32% over the past three days. The share price reached its highest level since February 2025, with an intraday gain of 1.07%.

The strategy of buying EXPI shares after they reach a recent high and selling them a week later resulted in a -29.08% return, significantly underperforming the benchmark return of 59.24% over the past five years. The strategy's CAGR was -12.67%, with a maximum drawdown of 0.00% and a Sharpe ratio of -0.29, indicating a high-risk, low-reward approach.

On July 22, 2025, eXp World Holdings (EXPI) experienced a significant increase in its stock price. The surge was driven by speculative options activity and technical momentum, as indicated by the Moving Average Convergence Divergence (MACD) turning positive on the same date. This positive MACD signal suggested a bullish trend for the stock, contributing to the intraday gain of 11.74%.

In addition to the MACD signal, the stock showed mostly positive signals from both short and long-term moving averages. This technical analysis indicated a buy signal, further supporting the upward momentum of the stock. The combination of speculative options activity and positive technical indicators likely played a crucial role in driving the stock's recent performance.