XL FLEET CORP (XL) Stock Technical Analysis
NYSE:XL - New York Stock Exchange, Inc. - US9837FR1002 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to XL. Recently some decent action could be observed, but in the medium term time frame this is still negative. XL was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
87% of all other stocks performed better in the past year than XL.
XL is part of the Automobile Components industry. There are 81 other stocks in this industry, of which 86% are performing better than XL.
XL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so XL is lagging the market.
In the last month XL has a been trading in the 0.69 - 1.14 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of XL is bad and it also does not present a 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
1.13
1.57
When analyzing the resistance we notice 2 important areas.
- Resistance @1.43 from a trend line in the daily time frame.
- Resistance @1.55 from a horizontal line in the daily 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 XL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XL is neutral. |
| ChartMill Relative Strength | 13.47 | NEGATIVE | XL has a low relative strength, it was outperformed by 86.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.97 | OVERBOUGHT | The high RSI value suggests XL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests XL has a positive trend. |
| Stochastics (14,3) | 79.14 | NEUTRAL | The Stochastics value for XL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.21 | HIGH VOLATILITY | The high ATR as a percentage value for XL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.13 | POSITIVE | The high ADX value value for XL 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)
1.14
+0.27 (+30.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg30.91%
1 Week39.67%
2 Weeks44.32%
1 Month35.63%
3 Month-18.57%
6 Month-15.56%
12 Month-79.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%7.21%
ATR Inc198.06%
Range Today0.23
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
CRS13.47
Mansfield-3.24
10 Day High1.14
10 Day Low0.75
20 Day High1.14
20 Day Low0.69
52 Week High6.38
52 Week Low0.69
CS1 EndN/A
CR1 Start1.43
Volume & EV
DER(3)1.59%
DER(5)-4.9%
Volume2.73M
Volume Incr80.43%
Vol(5)1.17M
Vol(50)923.18K