GXO LOGISTICS INC (GXO) Stock Technical Analysis
USA - NYSE:GXO - US36262G1013 - Common Stock
55.22 USD
+0.61 (+1.12%)
56.2192 USD
+1 (+1.81%)
We assign a technical rating of 7 out of 10 to GXO. Although GXO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
65% of all other stocks performed better in the past year than GXO.
Both the short term and long term trends are positive. This is a very positive sign.
GXO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GXO is lagging the market slightly.
In the last month GXO has a been trading in the 48.66 - 55.85 range, which is quite wide. It is currently trading near the high of this range.
GXO is an average performer in the Air Freight & Logistics industry, it outperforms 68% of 23 stocks in the same industry.
Besides having an excellent technical rating, GXO also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 53.96, a Stop Loss order could be placed below this zone.
More info and screens
49.15
63.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 51.65 to 53.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.65 to 50.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 62.08 to 63.02. 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 | UP | POSITIVE | The long term trend for GXO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GXO is up. |
| ChartMill Relative Strength | 35.56 | NEUTRAL | GXO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GXO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GXO is above the rising 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) | 60.05 | NEUTRAL | The RSI value for GXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests GXO has a positive trend. |
| Stochastics (14,3) | 72.93 | NEUTRAL | The Stochastics value for GXO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for GXO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.84 | NEGATIVE | The low ADX value for GXO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 55.86 | 51.11 | 4.75 (8.51%) | 11.75% |
| An entry @55.86. This is a Buy Stop order right above the 10 day high. | An exit @51.11. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.75 points, which is 8.51%. | When investing 11.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
55.22
+0.61 (+1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg1.12%
1 Week7.64%
2 Weeks2.77%
1 Month11.2%
3 Month9.65%
6 Month63.18%
12 Month-12.36%
2 Year9.32%
3 Year51.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.66
ATR(20)%3.07%
ATR Inc0.3%
Range Today2.05
ADR(20)1.66
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.56
Mansfield0.71
10 Day High55.86
10 Day Low51.12
20 Day High55.86
20 Day Low48.66
52 Week High63.19
52 Week Low30.46
CS1 End53.96
CR1 Start62.08
Volume & EV
DER(3)0.09%
DER(5)1.87%
Volume1.03M
Volume Incr-13.99%
Vol(5)805.75K
Vol(50)929.51K