XOMA ROYALTY CORPORATION (XOMA) Stock Technical Analysis
NASDAQ:XOMA - Nasdaq - US98419J2069 - Common Stock - Currency: USD
Taking everything into account, XOMA scores 4 out of 10 in our technical rating. In the last year, XOMA was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month XOMA has a been trading in the 24.08 - 28.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, XOMA outperforms 64% of them, which is more or less in line with the market.
XOMA is part of the Biotechnology industry. There are 551 other stocks in this industry, XOMA did better than 68% of them.
XOMA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XOMA is lagging the market.
Although the technical rating is only medium, XOMA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 26.30, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
20.45
28.72
4 important support areas can be observed.
- A support zone ranging from 25.89 to 26.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.77 to 25.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.85 to 24.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @27.49 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 28.12 to 28.44. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for XOMA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XOMA is neutral. |
| ChartMill Relative Strength | 64.09 | NEUTRAL | XOMA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XOMA is above a declining 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) | DOWN | MIXED | The current price of XOMA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.63 | NEUTRAL | The RSI value for XOMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests XOMA has a positive trend. |
| Stochastics (14,3) | 44.51 | NEUTRAL | The Stochastics value for XOMA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for XOMA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.25 | NEGATIVE | The low ADX value for XOMA suggests a weak or negative 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)
26.5
+0.66 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.55%
1 Week6.98%
2 Weeks2.59%
1 Month-2.36%
3 Month9.55%
6 Month3.72%
12 Month11.25%
2 Year89.02%
3 Year33.3%
5 Year39.33%
10 Year59.64%
15 Year373.21%
Volatility
ATR(14)1.31
ATR(20)%4.59%
ATR Inc34.35%
Range Today1.96
ADR(20)1.16
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.09
Mansfield-0.68
10 Day High28.96
10 Day Low24.08
20 Day High28.96
20 Day Low24.08
52 Week High35
52 Week Low18.35
CS1 End26.3
CR1 Start27.49
Volume & EV
DER(3)-1.5%
DER(5)2.04%
Volume38.80K
Volume Incr9.6%
Vol(5)39.50K
Vol(50)52.33K