XOMA ROYALTY CORPORATION (XOMA) Technical Analysis
NASDAQ:XOMA • US98419J2069
Current stock price
XOMA Technical Rating and Analysis
Taking everything into account, XOMA scores 9 out of 10 in our technical rating. XOMA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, XOMA did better than 87% of all other stocks.
- In the last month XOMA has a been trading in the 25.40 - 34.00 range, which is quite wide. It is currently trading near the high of this range.
- XOMA is part of the Biotechnology industry. There are 517 other stocks in this industry, XOMA did better than 66% of them.
- XOMA 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 XOMA is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
XOMA Weekly and Daily overview Charts
XOMA Setup Rating and Analysis
Although XOMA has an excellent technical rating, it does not present a decent entry opportunity 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.
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XOMA Support and Resistance Analysis
23.61
2 important support areas can be observed.
- Support @24.72 from a trend line in the weekly time frame.
- Support @23.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.99 to 33.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
XOMA Technical Indicator Signal Analysis
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 XOMA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XOMA is up. |
| ChartMill Relative Strength | 87.67 | POSITIVE | XOMA has a high relative strength, it outperformed 87.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XOMA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XOMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XOMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.46 | OVERBOUGHT | The high RSI value suggests XOMA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests XOMA has a positive trend. |
| Stochastics (14,3) | 90.87 | OVERBOUGHT | The high Stochastics value suggests XOMA may be overbought. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for XOMA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.25 | POSITIVE | The high ADX value value for XOMA suggests a strong trend. |
XOMA Chart- and CandleStick Pattern Analysis
XOMA Technicals: Chart, Performance Metrics, Trend & Indicators
32.98
-0.1 (-0.3%)
XOMA ROYALTY CORPORATION / XOMA TA FAQ
Can you provide the ChartMill technical rating for XOMA ROYALTY CORPORATION?
ChartMill assigns a technical rating of 9 / 10 to XOMA.
What is the trend direction for XOMA stock?
The current trend direction for XOMA ROYALTY CORPORATION (XOMA) is Bullish.
Can you provide the RSI signal for XOMA ROYALTY CORPORATION?
XOMA ROYALTY CORPORATION (XOMA) has an RSI value of 75.4559. This indicates that the stock is currently overbought.
What is the MACD signal for XOMA ROYALTY CORPORATION (XOMA) stock?
The MACD indicator for XOMA ROYALTY CORPORATION (XOMA) has a value of 0.437487, indicating a bearish trend.
What is the support and resistance level for XOMA stock?
XOMA ROYALTY CORPORATION (XOMA) has a support level at 24.72 and a resistance level at 32.99. Check the full technical report for our detailed analysis of XOMA support and resistance levels.