GLOBAL X PURECAP ENERGY (GXPE) Stock Technical Analysis
USA - NYSEARCA:GXPE - US37960A2630 - ETF
Taking everything into account, GXPE scores 4 out of 10 in our technical rating. GXPE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
GXPE has an average technical rating and also 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.
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24.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.52 to 26.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.66 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.45 to 26.47. 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 GXPE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GXPE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GXPE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GXPE is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 59.4 | NEUTRAL | The RSI value for GXPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests GXPE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.35 | OVERBOUGHT | The high Stochastics value suggests GXPE may be overbought. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for GXPE suggests low volalility. |
| Average Directional Index/ADX (14) | 22.58 | NEUTRAL | The ADX value for GXPE suggests a possible start of a new trend. |
NYSEARCA:GXPE (9/18/2025, 8:04:00 PM)
26.2695
-0.07 (-0.25%)