Elkhorn S&P Midcap Industrials Portfolio (XI) Stock Technical Analysis
NYSEARCA:XI - NYSE Arca -
We assign a technical rating of 2 out of 10 to XI. XI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, XI is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: XI has an average volume of 236 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
XI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XI is lagging the market.
In the last month XI has a been trading in a tight range between 15.65 and 16.25.
The technical rating of XI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.94
16.41
2 important support areas can be observed.
- Support @15.43 from a trend line in the weekly time frame.
- Support @15.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.67 to 16.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 XI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | XI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 9.98 | OVERSOLD | The low RSI value suggests XI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests XI has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for XI suggests low volalility. |
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)
Elkhorn S&P Midcap Industrials Portfolio
NYSEARCA:XI (9/14/2017, 4:10:00 PM)
15.65
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks-3.69%
1 Month-3.69%
3 Month-0.76%
6 Month0.97%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.19%
ATR Inc-100%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High16.25
10 Day Low15.65
20 Day High16.25
20 Day Low15.65
52 Week High16.25
52 Week Low14.34
CS1 End15.43
CR1 Start15.67
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-53.25%
Vol(5)180
Vol(50)236