XENETIC BIOSCIENCES INC (XBIO) Stock Technical Analysis
USA - NASDAQ:XBIO - US9840156023 - Common Stock
6.33 USD
-3.13 (-33.09%)
6.36 USD
+0.03 (+0.47%)
We assign a technical rating of 9 out of 10 to XBIO. In the last year, XBIO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, XBIO did better than 93% of all other stocks.
XBIO is part of the Biotechnology industry. There are 536 other stocks in this industry. XBIO outperforms 84% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
XBIO has an average volume of 1002880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XBIO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XBIO is lagging the market.
In the last month XBIO has a been trading in the 2.81 - 13.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although XBIO has an excellent technical rating, it does not offer a high 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
2.71
6.39
2 important support areas can be observed.
- Support @3.20 from a trend line in the daily time frame.
- A support zone ranging from 2.74 to 2.78. 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 | NEUTRAL | NEUTRAL | The long term trend for XBIO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XBIO is up. |
| ChartMill Relative Strength | 93.7 | POSITIVE | XBIO has a high relative strength, it outperformed 93.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XBIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XBIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XBIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.85 | NEUTRAL | The RSI value for XBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests XBIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.12 | NEUTRAL | The Stochastics value for XBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 16 | HIGH VOLATILITY | The high ATR as a percentage value for XBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 30.49 | POSITIVE | The high ADX value value for XBIO 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)
6.33
-3.13 (-33.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-33.09%
1 Week94.17%
2 Weeks104.19%
1 Month75.83%
3 Month59.05%
6 Month175.22%
12 Month70.16%
2 Year105.52%
3 Year35%
5 Year-26.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.32
ATR(20)%16%
ATR Inc183.37%
Range Today3.02
ADR(20)0.71
ADR(20)%11.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.7
Mansfield6.42
10 Day High13.93
10 Day Low2.81
20 Day High13.93
20 Day Low2.81
52 Week High13.93
52 Week Low2.2
CS1 End3.2
CR1 StartN/A
Volume & EV
DER(3)1.24%
DER(5)9.07%
Volume998.68K
Volume Incr61998.61%
Vol(5)9.90M
Vol(50)1.00M