Taking everything into account, XBIT scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. XBIT was also a bad performer in the overall market in the last year.
XBIT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for XBIT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
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2.31
We found 3 important support areas.
- A support zone ranging from 2.47 to 2.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.38 from a trend line in the daily time frame.
- Support @2.33 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @2.66 from a horizontal line in the daily time frame.
- Resistance @2.91 from a horizontal line in the daily time frame.
- Resistance @4.73 from a trend line in the weekly 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 XBIT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XBIT is up. |
| ChartMill Relative Strength | 15.53 | NEGATIVE | XBIT has a low relative strength, it was outperformed by 84.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XBIT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XBIT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XBIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.82 | NEUTRAL | The RSI value for XBIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests XBIT has a positive trend. |
| Stochastics (14,3) | 77.4 | NEUTRAL | The Stochastics value for XBIT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for XBIT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.91 | NEUTRAL | The ADX value for XBIT suggests a possible start of a new trend. |
NASDAQ:XBIT (1/9/2026, 8:00:02 PM)
2.56
-0.09 (-3.4%)
XBIOTECH INC / XBIT FAQ
Can you provide the ChartMill technical rating for XBIOTECH INC?
ChartMill assigns a technical rating of 2 / 10 to XBIT.
Can you provide the trend direction for XBIOTECH INC?
The current trend direction for XBIOTECH INC (XBIT) is Bearish.
What is the RSI signal for XBIOTECH INC (XBIT) stock?
XBIOTECH INC (XBIT) has an RSI value of 54.8232. This indicates that the stock is currently neutral.
Can you provide the short term momentum for XBIOTECH INC?
The short term momentum for XBIOTECH INC (XBIT) is positive.
Can you provide the support and resistance levels for XBIOTECH INC?
XBIOTECH INC (XBIT) has a support level at 2.5 and a resistance level at 2.66. Check the full technical report for our detailed analysis of XBIT support and resistance levels.