INVESCO S&P MIDCAP MOMENTUM (XMMO) Stock Technical Analysis
USA - NYSEARCA:XMMO - US46137V4648 - ETF
132.67 USD
-3.44 (-2.53%)
131 USD
-1.67 (-1.26%)
Taking everything into account, XMMO scores 5 out of 10 in our technical rating. In the last year, XMMO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
XMMO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, XMMO outperforms 61% of them, which is more or less in line with the market.
In the last month XMMO has a been trading in a tight range between 131.27 and 137.57.
XMMO has an average technical rating and it also does not offer a high 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
122.29
138.64
2 important support areas can be observed.
- A support zone ranging from 132.04 to 132.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @123.53 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 132.81 to 137.27. 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 XMMO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XMMO is neutral. |
| ChartMill Relative Strength | 61.55 | NEUTRAL | XMMO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XMMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XMMO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XMMO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.54 | NEUTRAL | The RSI value for XMMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests XMMO has a negative trend. |
| Stochastics (14,3) | 66.02 | NEUTRAL | The Stochastics value for XMMO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for XMMO suggests low volalility. |
| Average Directional Index/ADX (14) | 12.79 | NEGATIVE | The low ADX value for XMMO suggests a weak or negative 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)
132.67
-3.44 (-2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.53%
1 Week-2.01%
2 Weeks-1.45%
1 Month-1.75%
3 Month2.57%
6 Month21.87%
12 Month7.84%
2 Year74.06%
3 Year69.55%
5 Year97.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.77
ATR(20)%1.3%
ATR Inc102.73%
Range Today4.27
ADR(20)1.67
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.55
Mansfield-0.31
10 Day High137.57
10 Day Low132.45
20 Day High137.57
20 Day Low131.27
52 Week High137.57
52 Week Low97.5
CS1 End132.66
CR1 Start132.81
Volume & EV
DER(3)-5.82%
DER(5)-6.13%
Volume274.00K
Volume Incr-10.15%
Vol(5)189.56K
Vol(50)248.92K