GXO LOGISTICS INC (GXO) Technical Analysis
NYSE:GXO • US36262G1013
Current stock price
GXO Technical Rating and Analysis
Overall GXO gets a technical rating of 7 out of 10. In the last year, GXO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, GXO did better than 82% of all other stocks.
- GXO is one of the better performing stocks in the Air Freight & Logistics industry, it outperforms 81% of 23 stocks in the same industry.
- In the last month GXO has a been trading in the 48.55 - 57.99 range, which is quite wide. It is currently trading near the high of this range.
- GXO has an average volume of 1403810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GXO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GXO is lagging the market.
GXO Weekly and Daily overview Charts
GXO Setup Rating and Analysis
GXO has an excellent technical rating, but the quality of the setup is only medium 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
47.59
We found 3 important support areas.
- A support zone ranging from 52.12 to 53.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 48.85 to 49.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.07 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 56.08 to 57.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The short term trend for GXO is up. |
| ChartMill Relative Strength | 82.88 | POSITIVE | GXO has a high relative strength, it outperformed 82.88% off all stocks 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) | 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) | 56 | NEUTRAL | The RSI value for GXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests GXO has a positive trend. |
| Stochastics (14,3) | 81.53 | OVERBOUGHT | The high Stochastics value suggests GXO may be overbought. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for GXO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.49 | 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
56.07
+0.08 (+0.14%)
GXO LOGISTICS INC / GXO TA FAQ
Can you provide the ChartMill technical rating for GXO LOGISTICS INC?
ChartMill assigns a technical rating of 7 / 10 to GXO.
What is the trend direction for GXO stock?
The current trend direction for GXO LOGISTICS INC (GXO) is Bearish.
What is the RSI signal for GXO stock?
GXO LOGISTICS INC (GXO) has an RSI value of 55.9968. This indicates that the stock is currently neutral.
What is the MACD signal for GXO LOGISTICS INC (GXO) stock?
The MACD indicator for GXO LOGISTICS INC (GXO) has a value of 0.846724, indicating a bearish trend.
What are the support and resistance levels for GXO LOGISTICS INC (GXO) stock?
GXO LOGISTICS INC (GXO) has a support level at 53.19 and a resistance level at 56.08. Check the full technical report for our detailed analysis of GXO support and resistance levels.