XBIOTECH INC (XBIT) Stock Technical Analysis
NASDAQ:XBIT - Nasdaq - CA98400H1029 - Common Stock - Currency: USD
Taking everything into account, XBIT scores 0 out of 10 in our technical rating. XBIT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, XBIT is a bad performer in the overall market: 90% of all stocks are doing better.
XBIT is currently trading near the lower end of its 52 week range, which is not a good sign. XBIT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month XBIT has a been trading in the 2.65 - 3.38 range, which is quite wide. It is currently trading near the lows of this range.
XBIT is an average performer in the Biotechnology industry, it outperforms 48% of 562 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, XBIT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.93. Right above this resistance zone may be a good entry point.
More info and screens
2.74
3.19
We can see 3 important resistance areas.
- A resistance zone ranging from 2.93 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.05 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.13 to 3.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.57
Mansfield-4.92
10 Day High3.12
10 Day Low2.65
20 Day High3.38
20 Day Low2.65
52 Week High9.05
52 Week Low2.65
Performance
1 Week-5.14%
2 Weeks-4.81%
1 Month-3.82%
3 Month-10.65%
6 Month-63.31%
12 Month-66.67%
2 Year-45.63%
3 Year-49.64%
5 Year-80.17%
10 Year-85.51%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)41.57
LBB2.69
UBB3.15
2.77
-0.08 (-2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.81%
1 Week-5.14%
2 Weeks-4.81%
1 Month-3.82%
3 Month-10.65%
6 Month-63.31%
12 Month-66.67%
2 Year-45.63%
3 Year-49.64%
5 Year-80.17%
10 Year-85.51%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%8.02%
ATR Inc4.87%
Range Today0.23
ADR(20)0.22
ADR(20)%7.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.57
Mansfield-4.92
10 Day High3.12
10 Day Low2.65
20 Day High3.38
20 Day Low2.65
52 Week High9.05
52 Week Low2.65
CS1 EndN/A
CR1 Start2.93
Volume & EV
DER(3)-5.13%
DER(5)-2.3%
Volume43.00K
Volume Incr23.81%
Vol(5)78.74K
Vol(50)55.08K