Overall XENE gets a technical rating of 5 out of 10. In the last year, XENE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, XENE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 41.14, a Stop Loss order could be placed below this zone.
39.57
When analyzing the support we can see 2 important areas.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for XENE is neutral. |
| ChartMill Relative Strength | 57.56 | NEUTRAL | XENE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XENE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XENE is below 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) | 45.63 | NEUTRAL | The RSI value for XENE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests XENE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.78 | NEUTRAL | The Stochastics value for XENE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for XENE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for XENE suggests a weak or negative trend. |
41.15
-0.97 (-2.3%)
ChartMill assigns a technical rating of 5 / 10 to XENE.
The current trend direction for XENON PHARMACEUTICALS INC (XENE) is Bullish.
XENON PHARMACEUTICALS INC (XENE) has an RSI value of 45.6312. This indicates that the stock is currently neutral.
The short term momentum for XENON PHARMACEUTICALS INC (XENE) is neutral.