XENON PHARMACEUTICALS INC (XENE) Stock Technical Analysis
USA - NASDAQ:XENE - CA98420N1050 - Common Stock
We assign a technical rating of 8 out of 10 to XENE. Although XENE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, XENE also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 40.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for XENE 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.
More info and screens
32.51
We found 3 important support areas.
- A support zone ranging from 40.13 to 40.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @36.20 from a horizontal line in the weekly time frame.
- A support zone ranging from 32.84 to 33.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @42.54 from a horizontal line in the weekly time frame.
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 | 78.76 | POSITIVE | XENE has a high relative strength, it outperformed 78.76% 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) | 60.7 | NEUTRAL | The RSI value for XENE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests XENE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.65 | NEUTRAL | The Stochastics value for XENE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for XENE suggests some volalility. |
| Average Directional Index/ADX (14) | 34.69 | POSITIVE | The high ADX value value for XENE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.55 | 40.65 | 1.90 (4.47%) | 22.39% |
| An entry @42.55. This is a Buy Stop order right above the resistance zone. | An exit @40.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.90 points, which is 4.47%. | When investing 22.39% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of XENE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:XENE (10/29/2025, 10:46:56 AM)
42.17
-0.36 (-0.85%)
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 60.6982. 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 -0.0340413, indicating a bearish trend.
What is the support and resistance level for XENE stock?
XENON PHARMACEUTICALS INC (XENE) has a support level at 40.91 and a resistance level at 42.54. Check the full technical report for our detailed analysis of XENE support and resistance levels.