X4 PHARMACEUTICALS INC (XFOR) Stock Technical Analysis
NASDAQ:XFOR - US98420X1037 - Common Stock
3.92 USD
+0.74 (+23.27%)
3.75 USD
-0.17 (-4.34%)
We assign a technical rating of 4 out of 10 to XFOR. In the past year, XFOR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
93% of all other stocks performed better in the past year than XFOR.
XFOR is part of the Biotechnology industry. There are 549 other stocks in this industry, of which 71% are performing better than XFOR.
XFOR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month XFOR has a been trading in the 1.35 - 3.93 range, which is quite wide. It is currently trading near the high of this range.
XFOR has an average volume of 4984060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
XFOR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.42
7.46
When analyzing the support we notice one important area.
- Support @1.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @7.39 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 XFOR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XFOR is up. |
| ChartMill Relative Strength | 7.31 | NEGATIVE | XFOR has a low relative strength, it was outperformed by 92.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XFOR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XFOR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XFOR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.25 | OVERBOUGHT | The high RSI value suggests XFOR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests XFOR has a positive trend. |
| Stochastics (14,3) | 85.28 | OVERBOUGHT | The high Stochastics value suggests XFOR may be overbought. |
| Average True Range in percent/ATR (20) | 11.15 | HIGH VOLATILITY | The high ATR as a percentage value for XFOR suggests high volalility. |
| Average Directional Index/ADX (14) | 34.28 | POSITIVE | The high ADX value value for XFOR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.92
+0.74 (+23.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg23.27%
1 Week37.54%
2 Weeks163.09%
1 Month115.39%
3 Month26.45%
6 Month-72.03%
12 Month-82.58%
2 Year-89.79%
3 Year-86.8%
5 Year-98.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%11.15%
ATR Inc44.32%
Range Today0.81
ADR(20)0.41
ADR(20)%10.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.31
Mansfield-6.73
10 Day High3.93
10 Day Low1.35
20 Day High3.93
20 Day Low1.35
52 Week High26.83
52 Week Low1.35
CS1 End1.43
CR1 Start7.39
Volume & EV
DER(3)6.08%
DER(5)3.79%
Volume3.29M
Volume Incr-64.81%
Vol(5)3.77M
Vol(50)4.98M