XAI OCTAGON FLTNG RT & ALT (XFLT) Stock Technical Analysis
NYSE:XFLT - New York Stock Exchange, Inc. - US98400T1060 - Currency: USD
We assign a technical rating of 2 out of 10 to XFLT. Recently some decent action could be observed, but in the medium term time frame this is still negative. XFLT was also a bad performer in the overall market in the last year.
XFLT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.68, a Stop Loss order could be placed below this zone.
More info and screens
5.19
We found 3 important support areas.
- A support zone ranging from 5.54 to 5.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.35 from a horizontal line in the weekly time frame.
- Support @5.24 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.67 to 5.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.70 from a trend line in the weekly time frame.
- Resistance @7.21 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 | DOWN | NEGATIVE | The long term trend for XFLT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XFLT is up. |
| ChartMill Relative Strength | 16.36 | NEGATIVE | XFLT has a low relative strength, it was outperformed by 83.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XFLT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XFLT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XFLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.34 | NEUTRAL | The RSI value for XFLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests XFLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.54 | OVERBOUGHT | The high Stochastics value suggests XFLT may be overbought. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for XFLT suggests low volalility. |
| Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for XFLT suggests a possible start of a new trend. |
NYSE:XFLT (7/14/2025, 9:45:00 AM)
5.66
-0.02 (-0.35%)