GXO LOGISTICS INC (GXO) Stock Technical Analysis
USA - NYSE:GXO - US36262G1013 - Common Stock
Taking everything into account, GXO scores 0 out of 10 in our technical rating. 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.
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49.85
When analyzing the support we notice one important area.
- A support zone ranging from 50.35 to 50.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 51.25 to 51.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
- Resistance @62.08 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for GXO is down. |
| ChartMill Relative Strength | 25.85 | NEGATIVE | GXO has a low relative strength, it was outperformed by 74.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GXO is below 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) | 38.18 | NEUTRAL | The RSI value for GXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests GXO has a negative trend. |
| Stochastics (14,3) | 5.89 | OVERSOLD | The low Stochastics value suggests GXO may be oversold. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for GXO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.29 | NEGATIVE | The low ADX value for GXO suggests a weak or negative trend. |
50.84
+0.02 (+0.04%)
GXO LOGISTICS INC / GXO FAQ
Can you provide the ChartMill technical rating for GXO LOGISTICS INC?
ChartMill assigns a technical rating of 0 / 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 38.1841. 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 -0.486868, indicating a bearish trend.
What is the short term momentum for GXO stock?
The short term momentum for GXO LOGISTICS INC (GXO) is negative.