We assign a technical rating of 7 out of 10 to XERS. XERS was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Besides having an excellent technical rating, XERS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.77, a Stop Loss order could be placed below this zone.
5.82
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 XERS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XERS is neutral. |
| ChartMill Relative Strength | 93.48 | POSITIVE | XERS has a high relative strength, it outperformed 93.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XERS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XERS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XERS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.05 | NEUTRAL | The RSI value for XERS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests XERS has a positive trend. |
| Stochastics (14,3) | 82.74 | OVERBOUGHT | The high Stochastics value suggests XERS may be overbought. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for XERS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.09 | NEUTRAL | The ADX value for XERS suggests a possible start of a new 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 |
|---|---|---|---|
| 7.40 | 6.84 | 0.56 (7.51%) | 13.31% |
| An entry @7.40. This is a Buy Stop order right above the resistance zone. | An exit @6.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.56 points, which is 7.51%. | When investing 13.31% of your capital in this trade, your total portfolio risk will be 1.00%. |
7.28
+0.07 (+0.97%)
ChartMill assigns a technical rating of 7 / 10 to XERS.
The current trend direction for XERIS BIOPHARMA HOLDINGS INC (XERS) is Bullish.
XERIS BIOPHARMA HOLDINGS INC (XERS) has an RSI value of 51.0487. This indicates that the stock is currently neutral.
The MACD indicator for XERIS BIOPHARMA HOLDINGS INC (XERS) has a value of 0.0977789, indicating a bearish trend.
The short term momentum for XERIS BIOPHARMA HOLDINGS INC (XERS) is neutral.