GXO LOGISTICS INC (GXO) Technical Analysis
NYSE:GXO • US36262G1013
Current stock price
GXO Technical Rating and Analysis
Overall GXO gets a technical rating of 2 out of 10. Although GXO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month GXO has a been trading in the 49.41 - 65.94 range, which is quite wide. It is currently trading near the lows of this range.
- GXO has an average volume of 1376570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, GXO did better than 73% of all other stocks. However, we also see that GXO couldn't keep up this performance in the last couple of months.
- GXO is part of the Air Freight & Logistics industry. There are 23 other stocks in this industry, GXO did better than 63% of them.
- GXO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GXO is lagging the market slightly.
GXO Weekly and Daily overview Charts
GXO Setup Rating and Analysis
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
GXO Support and Resistance Analysis
47.07
We found 1 important support area.
- A support zone ranging from 47.55 to 48.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @52.12 from a horizontal line in the daily time frame.
- A resistance zone ranging from 53.07 to 53.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
GXO Technical Indicator Signal Analysis
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 | 73.61 | POSITIVE | GXO has a high relative strength, it outperformed 73.61% 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 | MIXED | The current price of GXO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.17 | OVERSOLD | The low RSI value suggests GXO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests GXO has a negative trend. |
| Stochastics (14,3) | 7.16 | OVERSOLD | The low Stochastics value suggests GXO may be oversold. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for GXO suggests some volalility. |
| Average Directional Index/ADX (14) | 31.65 | POSITIVE | The high ADX value value for GXO suggests a strong trend. |
GXO Chart- and CandleStick Pattern Analysis
GXO Technicals: Chart, Performance Metrics, Trend & Indicators
49.93
-1.34 (-2.61%)
GXO LOGISTICS INC / GXO TA FAQ
Can you provide the ChartMill technical rating for GXO LOGISTICS INC?
ChartMill assigns a technical rating of 2 / 10 to GXO.
What is the current trend direction of GXO LOGISTICS INC (GXO) stock?
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 25.1699. This indicates that the stock is currently oversold.
Can you provide the MACD signal for GXO LOGISTICS INC?
The MACD indicator for GXO LOGISTICS INC (GXO) has a value of -0.853348, indicating a bearish trend.
What is the short term momentum for GXO LOGISTICS INC (GXO) stock?
The short term momentum for GXO LOGISTICS INC (GXO) is negative.