GXO LOGISTICS INC (GXO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GXO - US36262G1013 - Common Stock
We assign a technical rating of 1 out of 10 to GXO. GXO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of GXO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
45.74
2 important support areas can be observed.
- Support @47.55 from a horizontal line in the weekly time frame.
- A support zone ranging from 46.20 to 46.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 55.43 to 56.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for GXO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GXO is neutral. |
| ChartMill Relative Strength | 24.47 | NEGATIVE | GXO has a low relative strength, it was outperformed by 75.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GXO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GXO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GXO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.17 | NEUTRAL | The RSI value for GXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests GXO has a positive trend. |
| Stochastics (14,3) | 55.39 | NEUTRAL | The Stochastics value for GXO is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for GXO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.77 | NEGATIVE | The low ADX value for GXO suggests a weak or negative trend. |
50.74
+0.24 (+0.48%)
GXO LOGISTICS INC / GXO FAQ
Can you provide the ChartMill technical rating for GXO LOGISTICS INC?
ChartMill assigns a technical rating of 1 / 10 to GXO.
Can you provide the trend direction for GXO LOGISTICS INC?
The current trend direction for GXO LOGISTICS INC (GXO) is Bearish.
Can you provide the RSI signal for GXO LOGISTICS INC?
GXO LOGISTICS INC (GXO) has an RSI value of 50.1681. This indicates that the stock is currently neutral.
What is the MACD signal for GXO stock?
The MACD indicator for GXO LOGISTICS INC (GXO) has a value of 0.149395, indicating a bearish trend.
What is the short term momentum for GXO stock?
The short term momentum for GXO LOGISTICS INC (GXO) is neutral.