XOMETRY INC-A (XMTR) Stock Technical Analysis
NASDAQ:XMTR - Nasdaq - US98423F1093 - Common Stock - Currency: USD
Overall XMTR gets a technical rating of 9 out of 10. In the last year, XMTR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that XMTR is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, XMTR also shows a nice and consistent pattern of rising prices.
XMTR is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. XMTR outperforms 97% of them.
XMTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XMTR is lagging the market.
In the last month XMTR has a been trading in the 29.60 - 36.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
XMTR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 33.43, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.21
37.82
6 important support areas can be observed.
- A support zone ranging from 32.41 to 33.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.15 to 30.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.30 from a trend line in the weekly time frame.
- Support @21.47 from a trend line in the weekly time frame.
- Support @20.50 from a trend line in the daily time frame.
- Support @19.40 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @34.81 from a trend line in the weekly time frame.
- Resistance @35.76 from a trend line in the daily time frame.
- A resistance zone ranging from 36.76 to 36.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.45 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for XMTR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XMTR is neutral. |
| ChartMill Relative Strength | 96.82 | POSITIVE | XMTR has a high relative strength, it outperformed 96.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XMTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XMTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XMTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.75 | NEUTRAL | The RSI value for XMTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests XMTR has a positive trend. |
| Stochastics (14,3) | 47.81 | NEUTRAL | The Stochastics value for XMTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for XMTR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.88 | NEGATIVE | The low ADX value for XMTR 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)
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 |
|---|---|---|---|
| 34.82 | 32.40 | 2.42 (6.95%) | 14.39% |
| An entry @34.82. This is a Buy Stop order right above the resistance zone. | An exit @32.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.42 points, which is 6.95%. | When investing 14.39% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of XMTR. 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.
34.67
+1.44 (+4.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg4.33%
1 Week0.09%
2 Weeks2.6%
1 Month14.95%
3 Month57.3%
6 Month4.33%
12 Month144.16%
2 Year67%
3 Year-8.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.63
ATR(20)%4.79%
ATR Inc33.32%
Range Today1.76
ADR(20)1.63
ADR(20)%4.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.82
Mansfield1.72
10 Day High36.76
10 Day Low31.87
20 Day High36.76
20 Day Low29.6
52 Week High45.33
52 Week Low11.33
CS1 End33.43
CR1 Start34.81
Volume & EV
DER(3)-5.1%
DER(5)-3.39%
Volume756.80K
Volume Incr0.73%
Vol(5)750.50K
Vol(50)688.00K