XILIO THERAPEUTICS INC (XLO) Stock Technical Analysis
USA - NASDAQ:XLO - US98422T1007 - Common Stock
We assign a technical rating of 7 out of 10 to XLO. Although XLO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
XLO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.77, a Stop Loss order could be placed below this zone.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.74 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.83 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines 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 XLO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLO is up. |
| ChartMill Relative Strength | 53.89 | NEUTRAL | XLO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XLO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XLO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of XLO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.26 | NEUTRAL | The RSI value for XLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests XLO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.72 | NEUTRAL | The Stochastics value for XLO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.01 | HIGH VOLATILITY | The high ATR as a percentage value for XLO suggests high volalility. |
| Average Directional Index/ADX (14) | 40.32 | POSITIVE | The high ADX value value for XLO suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.84 | 0.76 | 0.08 (9.52%) | 10.50% |
| An entry @0.84. This is a Buy Stop order right above the resistance zone. | An exit @0.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.08 points, which is 9.52%. | For a 1.00% total portfolio risk, you can invest 10.50% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of XLO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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XILIO THERAPEUTICS INC / XLO FAQ
What is the ChartMill technical rating of XILIO THERAPEUTICS INC (XLO) stock?
ChartMill assigns a technical rating of 7 / 10 to XLO.
What is the trend direction for XLO stock?
The current trend direction for XILIO THERAPEUTICS INC (XLO) is Bullish.
Can you provide the RSI signal for XILIO THERAPEUTICS INC?
XILIO THERAPEUTICS INC (XLO) has an RSI value of 54.2605. This indicates that the stock is currently neutral.
What is the buy/sell signal for XILIO THERAPEUTICS INC (XLO) stock?
The buy/sell signal for XILIO THERAPEUTICS INC (XLO) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for XILIO THERAPEUTICS INC?
XILIO THERAPEUTICS INC (XLO) has a support level at 0.77 and a resistance level at 0.83. Check the full technical report for our detailed analysis of XLO support and resistance levels.