BONDBLOXX-BB RATED USD HY CB (XBB) Stock Technical Analysis
NYSEARCA:XBB - NYSE Arca - US09789C7056 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to XBB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, XBB is only an average performer.
XBB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 40.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.56, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
38.56
When analyzing the support we notice one important area.
- A support zone ranging from 38.95 to 40.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.59 to 41.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 XBB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XBB is up. |
| ChartMill Relative Strength | 48.15 | NEUTRAL | XBB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XBB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XBB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of XBB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.67 | NEUTRAL | The RSI value for XBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests XBB has a negative trend. |
| Stochastics (14,3) | 82.25 | OVERBOUGHT | The high Stochastics value suggests XBB may be overbought. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for XBB suggests low volalility. |
| Average Directional Index/ADX (14) | 29.21 | POSITIVE | The high ADX value value for XBB suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.71 | 40.34 | 0.37 (0.91%) | 25.00% |
| An entry @40.71. This is a Buy Stop order right above the 10 day high. | An exit @40.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.37 points, which is 0.91%. | For a 0.23% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:XBB (6/13/2025, 8:04:00 PM)
40.5752
-0.09 (-0.23%)