RXO INC (RXO) Technical Analysis
NYSE:RXO • US74982T1034
Current stock price
RXO Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to RXO. In the last year, RXO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month RXO has a been trading in the 11.68 - 15.55 range, which is quite wide. It is currently trading near the high of this range.
- RXO has an average volume of 2419090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, RXO outperforms 57% of them, which is more or less in line with the market.
- RXO is an average performer in the Ground Transportation industry, it outperforms 51% of 42 stocks in the same industry.
- RXO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RXO is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
RXO Weekly and Daily overview Charts
RXO Setup Rating and Analysis
RXO 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.
More info and screens
RXO Support and Resistance Analysis
12.09
2 important support areas can be observed.
- A support zone ranging from 13.56 to 13.75. 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 12.21 to 12.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @15.19 from a trend line in the weekly time frame.
- A resistance zone ranging from 16.29 to 16.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.90 to 17.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.90 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for RXO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RXO is up. |
| ChartMill Relative Strength | 57.21 | NEUTRAL | RXO is not amongst the best or worst performers 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 | MIXED | The current price of RXO is above 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) | 56.47 | NEUTRAL | The RSI value for RXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests RXO has a positive trend. |
| Stochastics (14,3) | 89.5 | OVERBOUGHT | The high Stochastics value suggests RXO may be overbought. |
| Average True Range in percent/ATR (20) | 6.27 | HIGH VOLATILITY | The high ATR as a percentage value for RXO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.61 | NEGATIVE | The low ADX value for RXO suggests a weak or negative trend. |
RXO Chart- and CandleStick Pattern Analysis
RXO Technicals: Chart, Performance Metrics, Trend & Indicators
14.94
-0.14 (-0.93%)
RXO INC / RXO TA FAQ
What is the technical rating for RXO stock?
ChartMill assigns a technical rating of 4 / 10 to RXO.
What is the trend direction for RXO stock?
The current trend direction for RXO INC (RXO) is Bearish.
What is the RSI signal for RXO INC (RXO) stock?
RXO INC (RXO) has an RSI value of 56.4746. This indicates that the stock is currently neutral.
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 13.75 and a resistance level at 15.19. Check the full technical report for our detailed analysis of RXO support and resistance levels.