RXO INC (RXO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RXO - US74982T1034 - Common Stock
14.28 USD
+0.82 (+6.09%)
14 USD
-0.28 (-1.96%)
Taking everything into account, RXO scores 0 out of 10 in our technical rating. RXO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RXO is a bad performer in the overall market: 91% of all stocks are doing better.
RXO is one of the lesser performing stocks in the Ground Transportation industry. 71% of 43 stocks in the same industry do better.
RXO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
RXO has an average volume of 2054390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RXO has a been trading in the 10.43 - 17.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RXO 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
14.14
18.21
2 important resistance areas can be observed.
- Resistance @16.44 from a trend line in the weekly time frame.
- A resistance zone ranging from 17.90 to 18.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for RXO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RXO is neutral. |
| ChartMill Relative Strength | 9.61 | NEGATIVE | RXO has a low relative strength, it was outperformed by 90.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RXO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RXO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RXO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.2 | NEUTRAL | The RSI value for RXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests RXO has a positive trend. |
| Stochastics (14,3) | 90.77 | OVERBOUGHT | The high Stochastics value suggests RXO may be overbought. |
| Average True Range in percent/ATR (20) | 7.41 | HIGH VOLATILITY | The high ATR as a percentage value for RXO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for RXO suggests a possible start of a new trend. |
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)
14.28
+0.82 (+6.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg6.09%
1 Week9.85%
2 Weeks32.47%
1 Month-17.84%
3 Month-13.51%
6 Month-10.92%
12 Month-49.98%
2 Year-38.61%
3 Year-16.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%7.41%
ATR Inc4.09%
Range Today0.91
ADR(20)0.95
ADR(20)%6.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.61
3 months CRS16.85
6 months CRS18.66
Mansfield-2.76
10 Day High14.43
10 Day Low10.45
20 Day High17.73
20 Day Low10.43
52 Week High29.6
52 Week Low10.43
CS1 EndN/A
CR1 Start16.44
Volume & EV
DER(3)-2%
DER(5)-1.9%
Volume2.64M
Volume Incr-34%
Vol(5)1.69M
Vol(50)2.05M
RXO INC / RXO FAQ
What is the technical rating for RXO stock?
ChartMill assigns a technical rating of 0 / 10 to RXO.
What is the current trend direction of RXO INC (RXO) stock?
The current trend direction for RXO INC (RXO) is Bearish.
What is the RSI signal for RXO stock?
RXO INC (RXO) has an RSI value of 55.1993. This indicates that the stock is currently neutral.
What is the short term momentum for RXO INC (RXO) stock?
The short term momentum for RXO INC (RXO) is neutral.