Overall XENE gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, XENE is only an average performer.
Although XENE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
37.86
We found 2 important support areas.
- A support zone ranging from 39.54 to 40.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.24 to 38.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for XENE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XENE is up. |
| ChartMill Relative Strength | 73.2 | POSITIVE | XENE has a high relative strength, it outperformed 73.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XENE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XENE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XENE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.66 | NEUTRAL | The RSI value for XENE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests XENE has a positive trend. |
| Stochastics (14,3) | 89.52 | OVERBOUGHT | The high Stochastics value suggests XENE may be overbought. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for XENE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.54 | NEUTRAL | The ADX value for XENE suggests a possible start of a new trend. |
43.94
+1.89 (+4.49%)
XENON PHARMACEUTICALS INC / XENE FAQ
What is the ChartMill technical rating of XENON PHARMACEUTICALS INC (XENE) stock?
ChartMill assigns a technical rating of 8 / 10 to XENE.
What is the trend direction for XENE stock?
The current trend direction for XENON PHARMACEUTICALS INC (XENE) is Bullish.
What is the RSI signal for XENE stock?
XENON PHARMACEUTICALS INC (XENE) has an RSI value of 68.6621. This indicates that the stock is currently neutral.
What is the MACD signal for XENON PHARMACEUTICALS INC (XENE) stock?
The MACD indicator for XENON PHARMACEUTICALS INC (XENE) has a value of 0.314107, indicating a bearish trend.
What is the support and resistance level for XENE stock?
XENON PHARMACEUTICALS INC (XENE) has a support level at 40.98. Check the full technical report for our detailed analysis of XENE support and resistance levels.