XCH Technical Analysis - XCHG LTD

Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to XCH. In the past year, XCH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

98% of all other stocks performed better in the past year than XCH.

XCH is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 86% are performing better than XCH.

XCH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

Warning: XCH has an average volume of 22970 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

In the last month XCH has a been trading in the 1.09 - 1.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

XCH has only a medium 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 XCH in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.10

1.52

We found 3 important support areas.

A support zone ranging from 1.29 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @1.11 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

Resistance @1.39 from a trend line in the daily time frame.
Resistance @1.46 from a horizontal line in the weekly time frame.
Resistance @1.50 from a horizontal line in the daily time frame.

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Support and Resistance indicators

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Technical Indicator Signal Analysis

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 XCH is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for XCH is neutral.
ChartMill Relative Strength	2.81	NEGATIVE	XCH has a low relative strength, it was outperformed by 97.19% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of XCH is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of XCH is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of XCH is below a declining SMA(200).
Relative Strength Index/RSI (14)	56.19	NEUTRAL	The RSI value for XCH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests XCH has a positive trend, although the MACD value is declining.
Stochastics (14,3)	59.64	NEUTRAL	The Stochastics value for XCH is a neutral value.
Average True Range in percent/ATR (20)	8.52	HIGH VOLATILITY	The high ATR as a percentage value for XCH suggests high volalility.
Average Directional Index/ADX (14)	20.95	NEUTRAL	The ADX value for XCH suggests a possible start of a new trend.