NYSE:GXO • US36262G1013
We assign a technical rating of 10 out of 10 to GXO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GXO is showing a nice and steady performance.
Although GXO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
47.59
5 important support areas can be observed.
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 | 92.42 | POSITIVE | GXO has a high relative strength, it outperformed 92.42% 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) | 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) | 74.09 | OVERBOUGHT | The high RSI value suggests GXO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests GXO has a positive trend. |
| Stochastics (14,3) | 84.87 | OVERBOUGHT | The high Stochastics value suggests GXO may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for GXO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.46 | POSITIVE | The high ADX value value for GXO suggests a strong trend. |
65.51
+1.22 (+1.9%)
ChartMill assigns a technical rating of 10 / 10 to GXO.
The current trend direction for GXO LOGISTICS INC (GXO) is Bullish.
GXO LOGISTICS INC (GXO) has an RSI value of 74.0897. This indicates that the stock is currently overbought.
The MACD indicator for GXO LOGISTICS INC (GXO) has a value of 0.710258, indicating a bearish trend.
The short term momentum for GXO LOGISTICS INC (GXO) is positive.