XL FLEET CORP (XL) Technical Analysis
NYSE:XL • US9837FR1002
Current stock price
XL Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to XL. In the past year, XL 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.
- 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.
- When comparing the yearly performance of all stocks, XL is a bad performer in the overall market: 87% of all stocks are doing better.
- XL is one of the lesser performing stocks in the Automobile Components industry. 75% of 42 stocks in the same industry do better.
- XL 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 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.
XL Weekly and Daily overview Charts
XL Setup Rating and Analysis
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
XL Support and Resistance Analysis
1.13
2 important resistance areas can be observed.
- Resistance @1.43 from a trend line in the daily time frame.
- Resistance @1.55 from a horizontal line in the daily time frame.
XL Technical Indicator Signal Analysis
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. |
XL Chart- and CandleStick Pattern Analysis
XL Technicals: Chart, Performance Metrics, Trend & Indicators
1.14
+0.27 (+30.91%)
XL FLEET CORP / XL TA FAQ
Can you provide the ChartMill technical rating for XL FLEET CORP?
ChartMill assigns a technical rating of 2 / 10 to XL.
What is the trend direction for XL stock?
The current trend direction for XL FLEET CORP (XL) is Bearish.
What is the RSI signal for XL FLEET CORP (XL) stock?
XL FLEET CORP (XL) has an RSI value of 75.9731. This indicates that the stock is currently overbought.
What is the MACD signal for XL FLEET CORP (XL) stock?
The MACD indicator for XL FLEET CORP (XL) has a value of 0.0335258, indicating a bearish trend.
What is the short term momentum for XL FLEET CORP (XL) stock?
The short term momentum for XL FLEET CORP (XL) is neutral.