XUNLEI LTD-ADR (XNET) Stock Technical Analysis
USA - NASDAQ:XNET - US98419E1082 - ADR
8.03 USD
+0.3 (+3.88%)
8.06 USD
+0.03 (+0.37%)
Overall XNET gets a technical rating of 10 out of 10. Both in the recent history as in the last year, XNET has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that XNET is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, XNET also shows a nice and consistent pattern of rising prices.
XNET is one of the better performing stocks in the Software industry, it outperforms 97% of 279 stocks in the same industry.
XNET is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so XNET is lagging the market slightly.
In the last month XNET has a been trading in the 6.54 - 8.25 range, which is quite wide. It is currently trading near the high of this range.
XNET has an average volume of 1118200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XNET has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.33
8.11
When analyzing the support we can see 6 important areas.
- Support @8.01 from a trend line in the daily time frame.
- Support @7.24 from a horizontal line in the daily time frame.
- Support @5.00 from a trend line in the weekly time frame.
- Support @4.88 from a trend line in the daily time frame.
- Support @4.71 from a trend line in the daily time frame.
- Support @4.37 from a horizontal line 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 | 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 | 98.53 | POSITIVE | XNET has a high relative strength, it outperformed 98.53% 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) | UP | POSITIVE | The current price of XNET is above the rising 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) | 61.28 | NEUTRAL | The RSI value for XNET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests XNET has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.94 | NEUTRAL | The Stochastics value for XNET is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for XNET suggests high volalility. |
| Average Directional Index/ADX (14) | 35.55 | POSITIVE | The high ADX value value for XNET suggests a strong 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 |
|---|---|---|---|
| 8.26 | 8.00 | 0.26 (3.15%) | 25.00% |
| An entry @8.26. This is a Buy Stop order right above the 10 day high. | An exit @8.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.26 points, which is 3.15%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of XNET. 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.
8.03
+0.3 (+3.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.88%
1 Week-1.59%
2 Weeks10.76%
1 Month18.96%
3 Month95.85%
6 Month80.45%
12 Month338.8%
2 Year395.68%
3 Year477.7%
5 Year133.43%
10 Year10%
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%5.93%
ATR Inc-27.15%
Range Today0.39
ADR(20)0.45
ADR(20)%5.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.53
Mansfield8.37
10 Day High8.25
10 Day Low7.22
20 Day High8.25
20 Day Low6.54
52 Week High8.8
52 Week Low1.76
CS1 End8.01
CR1 StartN/A
Volume & EV
DER(3)-0.73%
DER(5)-1.41%
Volume903.70K
Volume Incr-29.28%
Vol(5)810.20K
Vol(50)1.12M