XAI OCTAGON FLTNG RT & ALT (XFLT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:XFLT - US98400T1060
Taking everything into account, XFLT scores 1 out of 10 in our technical rating. XFLT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, XFLT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.68. Right above this resistance zone may be a good entry point.
More info and screens
4.39
We found 1 important support area.
- A support zone ranging from 4.43 to 4.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.68 to 4.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.17 from a trend line in the weekly time frame.
- Resistance @5.75 from a horizontal line in the daily time frame.
- Resistance @6.45 from a trend 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 | DOWN | NEGATIVE | The short term trend for XFLT is down. |
| ChartMill Relative Strength | 14.18 | NEGATIVE | XFLT has a low relative strength, it was outperformed by 85.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XFLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XFLT is below a declining 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) | 43.08 | NEUTRAL | The RSI value for XFLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests XFLT has a positive trend. |
| Stochastics (14,3) | 49.54 | NEUTRAL | The Stochastics value for XFLT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for XFLT suggests low volalility. |
| Average Directional Index/ADX (14) | 32.91 | POSITIVE | The high ADX value value for XFLT suggests a strong trend. |
4.59
+0.01 (+0.22%)
XAI OCTAGON FLTNG RT & ALT / XFLT FAQ
What is the technical rating for XFLT stock?
ChartMill assigns a technical rating of 1 / 10 to XFLT.
What is the current trend direction of XAI OCTAGON FLTNG RT & ALT (XFLT) stock?
The current trend direction for XAI OCTAGON FLTNG RT & ALT (XFLT) is Bearish.
What is the RSI signal for XAI OCTAGON FLTNG RT & ALT (XFLT) stock?
XAI OCTAGON FLTNG RT & ALT (XFLT) has an RSI value of 43.0792. This indicates that the stock is currently neutral.
What is the MACD signal for XFLT stock?
The MACD indicator for XAI OCTAGON FLTNG RT & ALT (XFLT) has a value of 0.0154816, indicating a bearish trend.
What are the support and resistance levels for XAI OCTAGON FLTNG RT & ALT (XFLT) stock?
XAI OCTAGON FLTNG RT & ALT (XFLT) has a support level at 4.46 and a resistance level at 4.68. Check the full technical report for our detailed analysis of XFLT support and resistance levels.