QXO INC (QXO) Technical Analysis
NYSE:QXO • US82846H4056
Current stock price
20.96 USD
-1.54 (-6.84%)
At close:
21.0984 USD
+0.14 (+0.66%)
After Hours:
QXO Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to QXO. QXO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- QXO is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 73% of 46 stocks in the same industry.
- QXO has an average volume of 9500890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that QXO is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- QXO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QXO is lagging the market.
- In the last month QXO has a been trading in the 18.05 - 25.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
QXO Weekly and Daily overview Charts
QXO Setup Rating and Analysis
QXO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
QXO Support and Resistance Analysis
18.03
25.11
We found 3 important support areas.
- Support @19.19 from a trend line in the weekly time frame.
- A support zone ranging from 18.60 to 18.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.97 to 21.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.86 from a trend line in the daily time frame.
QXO 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 QXO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QXO is neutral. |
| ChartMill Relative Strength | 80 | POSITIVE | QXO has a high relative strength, it outperformed 80% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QXO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QXO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QXO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.22 | NEUTRAL | The RSI value for QXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests QXO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.03 | NEUTRAL | The Stochastics value for QXO is a neutral value. |
| Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for QXO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.95 | NEUTRAL | The ADX value for QXO suggests a possible start of a new trend. |
QXO Chart- and CandleStick Pattern Analysis
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)
QXO Technicals: Chart, Performance Metrics, Trend & Indicators
20.96
-1.54 (-6.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-6.84%
1 Week-9.73%
2 Weeks2.14%
1 Month3.81%
3 Month-12.34%
6 Month13.98%
12 Month62.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.34
ATR(20)%6%
ATR Inc71.91%
Range Today2.24
ADR(20)1.08
ADR(20)%5.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80
3 months CRS20.72
6 months CRS79.4
Mansfield-0.55
10 Day High25.44
10 Day Low20.3
20 Day High25.44
20 Day Low18.05
52 Week High27.61
52 Week Low12.76
CS1 End19.19
CR1 Start20.97
Volume & EV
DER(3)-3.73%
DER(5)-1.84%
Volume32.78M
Volume Incr237.2%
Vol(5)27.62M
Vol(50)9.50M
QXO INC / QXO TA FAQ
What is the technical rating for QXO stock?
ChartMill assigns a technical rating of 4 / 10 to QXO.
What is the current trend direction of QXO INC (QXO) stock?
The current trend direction for QXO INC (QXO) is Bearish.
What is the RSI signal for QXO stock?
QXO INC (QXO) has an RSI value of 46.2203. This indicates that the stock is currently neutral.
Can you provide the MACD signal for QXO INC?
The MACD indicator for QXO INC (QXO) has a value of 0.239023, indicating a bearish trend.
What is the short term momentum for QXO INC (QXO) stock?
The short term momentum for QXO INC (QXO) is neutral.