RXO INC (RXO) Technical Analysis
NYSE:RXO • US74982T1034
Current stock price
RXO Technical Rating and Analysis
Taking everything into account, RXO scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RXO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- RXO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- RXO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- RXO has an average volume of 1907760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that RXO is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- RXO is part of the Ground Transportation industry. There are 42 other stocks in this industry, RXO did better than 68% of them.
RXO Weekly and Daily overview Charts
RXO Setup Rating and Analysis
RXO 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
RXO Support and Resistance Analysis
12.41
2 important support areas can be observed.
- A support zone ranging from 18.91 to 19.13. 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 12.54 to 12.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.53 to 19.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
RXO 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 | UP | POSITIVE | The long term trend for RXO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RXO is up. |
| ChartMill Relative Strength | 85.6 | POSITIVE | RXO has a high relative strength, it outperformed 85.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RXO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RXO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RXO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.23 | OVERBOUGHT | The high RSI value suggests RXO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests RXO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.24 | OVERBOUGHT | The high Stochastics value suggests RXO may be overbought. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for RXO suggests some volalility. |
| Average Directional Index/ADX (14) | 32.18 | POSITIVE | The high ADX value value for RXO suggests a strong trend. |
RXO Chart- and CandleStick Pattern Analysis
RXO Technicals: Chart, Performance Metrics, Trend & Indicators
19.52
+0.09 (+0.46%)
RXO INC / RXO TA FAQ
What is the technical rating for RXO stock?
ChartMill assigns a technical rating of 9 / 10 to RXO.
What is the trend direction for RXO stock?
The current trend direction for RXO INC (RXO) is Bullish.
What is the RSI signal for RXO INC (RXO) stock?
RXO INC (RXO) has an RSI value of 76.2267. This indicates that the stock is currently overbought.
What is the short term momentum for RXO stock?
The short term momentum for RXO INC (RXO) is positive.
What is the support and resistance level for RXO stock?
RXO INC (RXO) has a support level at 19.13 and a resistance level at 19.53. Check the full technical report for our detailed analysis of RXO support and resistance levels.