RXO INC (RXO) Stock Technical Analysis
USA - NYSE:RXO - US74982T1034 - Common Stock
11.52 USD
-0.97 (-7.77%)
11.71 USD
+0.19 (+1.65%)
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.
95% of all other stocks performed better in the past year than RXO.
RXO is part of the Ground Transportation industry. There are 43 other stocks in this industry, of which 76% are performing better than RXO.
RXO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month RXO has a been trading in the 11.50 - 18.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
RXO has an average volume of 1988980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of RXO is bad and it also does not present a 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
11.40
18.29
2 important resistance areas can be observed.
- Resistance @17.22 from a trend line in the daily time frame.
- A resistance zone ranging from 17.90 to 18.11. 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 | NEUTRAL | NEUTRAL | The long term trend for RXO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RXO is down. |
| ChartMill Relative Strength | 5.6 | NEGATIVE | RXO has a low relative strength, it was outperformed by 94.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RXO is below 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) | 23.78 | OVERSOLD | The low RSI value suggests RXO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests RXO has a negative trend. |
| Stochastics (14,3) | 2.08 | OVERSOLD | The low Stochastics value suggests RXO may be oversold. |
| Average True Range in percent/ATR (20) | 9.16 | HIGH VOLATILITY | The high ATR as a percentage value for RXO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.41 | 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)
11.52
-0.97 (-7.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-7.77%
1 Week-34.62%
2 Weeks-34.92%
1 Month-29.5%
3 Month-23.05%
6 Month-33.26%
12 Month-57.72%
2 Year-45.04%
3 Year-39.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%9.16%
ATR Inc43.13%
Range Today1.45
ADR(20)0.96
ADR(20)%8.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.6
3 months CRS8.93
6 months CRS7.65
Mansfield-4.46
10 Day High18.02
10 Day Low11.5
20 Day High18.69
20 Day Low11.5
52 Week High31.11
52 Week Low11.5
CS1 EndN/A
CR1 Start17.22
Volume & EV
DER(3)1.49%
DER(5)0.16%
Volume3.08M
Volume Incr67.64%
Vol(5)2.82M
Vol(50)1.99M
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 23.7836. This indicates that the stock is currently oversold.
What is the short term momentum for RXO INC (RXO) stock?
The short term momentum for RXO INC (RXO) is negative.