XUNLEI LTD-ADR (XNET)
US98419E1082 - ADR
Overall XNET gets a technical rating of 6 out of 10. In the past year, XNET was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, XNET turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
XNET is an average performer in the Software industry, it outperforms 48% of 276 stocks in the same industry.
XNET is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so XNET is lagging the market slightly.
In the last month XNET has a been trading in the 1.46 - 1.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, XNET does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.54, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
1.34
1.78
We found 2 important support areas.
- A support zone ranging from 1.45 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.35 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @1.58 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.64 to 1.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.72 from a horizontal line in the daily time frame.
- Resistance @1.76 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.5
Mansfield-1.21
10 Day High1.65
10 Day Low1.46
20 Day High1.65
20 Day Low1.46
52 Week High2.09
52 Week Low1.28
Performance
1 Week-0.64%
2 Weeks5.44%
1 Month4.38%
3 Month4.73%
6 Month3.33%
12 Month-1.9%
2 Year23.02%
3 Year-68.04%
5 Year-35.68%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.88
LBB1.43
UBB1.62
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 |
|---|---|---|---|
| 1.59 | 1.45 | 0.14 (8.81%) | 11.36% |
| An entry @1.59. This is a Buy Stop order right above the resistance zone. | An exit @1.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 8.81%. | When investing 11.36% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
XUNLEI LTD-ADR
NASDAQ:XNET (5/1/2024, 7:00:03 PM)
1.55
+0.02 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.28%
1 Week-0.64%
2 Weeks5.44%
1 Month4.38%
3 Month4.73%
6 Month3.33%
12 Month-1.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%3.27%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.65
10 Day Low1.46
20 Day High1.65
20 Day Low1.46
52 Week High2.09
52 Week Low1.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume64.10K
Volume Incr12.75%
Vol(5)58.39K
Vol(50)58.63K