We assign a technical rating of 1 out of 10 to XBIT. 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 technical rating of XBIT 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.
2.09
We found 1 important support area.
We can see 7 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for XBIT is neutral. |
| ChartMill Relative Strength | 7.51 | NEGATIVE | XBIT has a low relative strength, it was outperformed by 92.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XBIT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XBIT is below a declining 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) | 50.28 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 60.7 | NEUTRAL | The Stochastics value for XBIT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.83 | HIGH VOLATILITY | The high ATR as a percentage value for XBIT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.28 | POSITIVE | The high ADX value value for XBIT suggests a strong trend. |
NASDAQ:XBIT (12/8/2025, 8:00:02 PM)
2.44
-0.04 (-1.61%)
ChartMill assigns a technical rating of 1 / 10 to XBIT.
The current trend direction for XBIOTECH INC (XBIT) is Bearish.
XBIOTECH INC (XBIT) has an RSI value of 50.2789. This indicates that the stock is currently neutral.
The short term momentum for XBIOTECH INC (XBIT) is neutral.