Overall XBP gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. XBP was also a bad performer in the overall market in the last year.
Although the technical rating is bad, XBP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.69. Right above this resistance zone may be a good entry point.
0.50
When analyzing the support we can see 4 important areas.
We can see 4 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 XBP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XBP is up. |
| ChartMill Relative Strength | 20.33 | NEGATIVE | XBP has a low relative strength, it was outperformed by 79.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of XBP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.63 | NEUTRAL | The RSI value for XBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests XBP has a positive trend. |
| Stochastics (14,3) | 74.02 | NEUTRAL | The Stochastics value for XBP is a neutral value. |
| Average True Range in percent/ATR (20) | 10.67 | HIGH VOLATILITY | The high ATR as a percentage value for XBP suggests high volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for XBP suggests a weak or negative trend. |
0.6762
+0.01 (+1.26%)
ChartMill assigns a technical rating of 2 / 10 to XBP.
The current trend direction for XBP GLOBAL HOLDINGS INC (XBP) is Bearish.
XBP GLOBAL HOLDINGS INC (XBP) has an RSI value of 56.6327. This indicates that the stock is currently neutral.
The buy/sell signal for XBP GLOBAL HOLDINGS INC (XBP) is hold as the short term and long term trends are mixed.
XBP GLOBAL HOLDINGS INC (XBP) has a support level at 0.6 and a resistance level at 0.69. Check the full technical report for our detailed analysis of XBP support and resistance levels.