Overall XNET gets a technical rating of 8 out of 10. In the last year, XNET 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.
XNET has an excellent technical rating, but the quality of the setup is only medium 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
6.47
4 important support areas can be observed.
- A support zone ranging from 7.36 to 7.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.02 from a trend line in the daily time frame.
- A support zone ranging from 6.68 to 6.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.54 to 6.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 7.61 to 7.68. 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 XNET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XNET is up. |
| ChartMill Relative Strength | 98.28 | POSITIVE | XNET has a high relative strength, it outperformed 98.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XNET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of XNET is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XNET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.99 | NEUTRAL | The RSI value for XNET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests XNET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.41 | NEUTRAL | The Stochastics value for XNET is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for XNET suggests some volalility. |
| Average Directional Index/ADX (14) | 19.29 | NEGATIVE | The low ADX value for XNET suggests a weak or negative trend. |
7.6
-0.07 (-0.91%)
XUNLEI LTD-ADR / XNET FAQ
What is the technical rating for XNET stock?
ChartMill assigns a technical rating of 8 / 10 to XNET.
Can you provide the trend direction for XUNLEI LTD-ADR?
The current trend direction for XUNLEI LTD-ADR (XNET) is Bullish.
What is the RSI signal for XNET stock?
XUNLEI LTD-ADR (XNET) has an RSI value of 56.9901. This indicates that the stock is currently neutral.
What is the MACD signal for XUNLEI LTD-ADR (XNET) stock?
The MACD indicator for XUNLEI LTD-ADR (XNET) has a value of 0.0855693, indicating a bearish trend.
Can you provide the short term momentum for XUNLEI LTD-ADR?
The short term momentum for XUNLEI LTD-ADR (XNET) is positive.