Extraction Oil & Gas Inc (XOG) Stock Technical Analysis
NASDAQ:XOG - Nasdaq -
We assign a technical rating of 9 out of 10 to XOG. Both in the recent history as in the last year, XOG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
XOG is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 100% of 213 stocks in the same industry.
XOG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month XOG has a been trading in the 55.02 - 69.61 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that XOG is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Although XOG has an excellent technical rating, it does not offer a high 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
36.79
69.23
When analyzing the support we can see 5 important areas.
- A support zone ranging from 65.89 to 66.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @64.39 from a horizontal line in the daily time frame.
- Support @47.46 from a trend line in the weekly time frame.
- Support @41.98 from a trend line in the daily time frame.
- Support @37.16 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 XOG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XOG is up. |
| ChartMill Relative Strength | 99.98 | POSITIVE | XOG has a high relative strength, it outperformed 99.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XOG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XOG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XOG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.46 | NEUTRAL | The RSI value for XOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests XOG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.85 | NEUTRAL | The Stochastics value for XOG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for XOG suggests some volalility. |
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)
NASDAQ:XOG (11/1/2021, 8:41:27 PM)
68.54
+1.91 (+2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.87%
1 Week1.63%
2 Weeks8.02%
1 Month17.16%
3 Month55.31%
6 Month57.78%
12 Month16962.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.36
ATR(20)%3.69%
ATR Inc20.68%
Range Today1.39
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.98
Mansfield6.91
10 Day High69.61
10 Day Low62.5
20 Day High69.61
20 Day Low55.02
52 Week High69.61
52 Week Low0.25
CS1 End66.12
CR1 StartN/A
Volume & EV
DER(3)0.64%
DER(5)-1.31%
Volume3.40K
Volume Incr-36.55%
Vol(5)141.31K
Vol(50)203.69K