XOMETRY INC-A (XMTR) Stock Technical Analysis
NASDAQ:XMTR • US98423F1093
Taking everything into account, XMTR scores 3 out of 10 in our technical rating. Although XMTR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month XMTR has a been trading in the 52.51 - 73.87 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Looking at the yearly performance, XMTR did better than 79% of all other stocks.
- XMTR is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 72% of 51 stocks in the same industry.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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.
The technical rating of XMTR is bad and it also does not present a 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
29.63
We found 3 important support areas.
- Support @54.12 from a horizontal line in the daily time frame.
- Support @49.34 from a trend line in the weekly time frame.
- Support @29.93 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 62.04 to 62.17. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for XMTR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XMTR is neutral. |
| ChartMill Relative Strength | 79.02 | POSITIVE | XMTR has a high relative strength, it outperformed 79.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XMTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XMTR is below a declining 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) | 41.29 | NEUTRAL | The RSI value for XMTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests XMTR has a negative trend. |
| Stochastics (14,3) | 20.88 | NEUTRAL | The Stochastics value for XMTR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.96 | HIGH VOLATILITY | The high ATR as a percentage value for XMTR suggests high volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for XMTR suggests a weak or negative trend. |
55.42
+1.29 (+2.38%)
XOMETRY INC-A / XMTR FAQ
What is the technical rating for XMTR stock?
ChartMill assigns a technical rating of 3 / 10 to XMTR.
Can you provide the trend direction for XOMETRY INC-A?
The current trend direction for XOMETRY INC-A (XMTR) is Bearish.
Can you provide the RSI signal for XOMETRY INC-A?
XOMETRY INC-A (XMTR) has an RSI value of 41.2941. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for XOMETRY INC-A?
XOMETRY INC-A (XMTR) has a support level at 54.12 and a resistance level at 62.04. Check the full technical report for our detailed analysis of XMTR support and resistance levels.