Xebec Adsorption Inc (XBC.CA) Stock Technical Analysis
TSX:XBC - Toronto Stock Exchange - CA9838911027 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to XBC. XBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, XBC is a bad performer in the overall market: 97% of all stocks are doing better.
XBC is one of the lesser performing stocks in the Machinery industry. 104% of 22 stocks in the same industry do better.
XBC 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 XBC has a been trading in the 0.50 - 0.95 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.
The technical rating of XBC 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
0.50
0.96
4 important resistance areas can be observed.
- Resistance @0.53 from a trend line in the weekly time frame.
- Resistance @0.59 from a trend line in the daily time frame.
- Resistance @0.89 from a trend line in the weekly time frame.
- Resistance @0.95 from a trend line 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 XBC.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XBC.CA is down. |
| ChartMill Relative Strength | 3.84 | NEGATIVE | XBC.CA has a low relative strength, it was outperformed by 96.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XBC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XBC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XBC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.91 | NEUTRAL | The RSI value for XBC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests XBC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.52 | OVERSOLD | The low Stochastics value suggests XBC.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.54 | HIGH VOLATILITY | The high ATR as a percentage value for XBC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.95 | POSITIVE | The high ADX value value for XBC.CA suggests a strong 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)
TSX:XBC (9/28/2022, 7:00:00 PM)
0.51
+0.01 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2%
1 Week-13.56%
2 Weeks-26.09%
1 Month-44.57%
3 Month-38.55%
6 Month-77.33%
12 Month-81.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%10.54%
ATR Inc-32.41%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.84
Mansfield-6.45
10 Day High0.69
10 Day Low0.5
20 Day High0.95
20 Day Low0.5
52 Week High4.01
52 Week Low0.5
CS1 EndN/A
CR1 Start0.53
Volume & EV
DER(3)-21.69%
DER(5)-14.81%
Volume337.87K
Volume Incr-20.87%
Vol(5)544.98K
Vol(50)718.36K