XOMA ROYALTY CORPORATION (XOMA) Stock Technical Analysis
USA - NASDAQ:XOMA - US98419J2069 - Common Stock
We assign a technical rating of 3 out of 10 to XOMA. In the last year, XOMA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
XOMA has a poor technical rating and the quality of the setup is also not perfect 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
23.97
5 important support areas can be observed.
- A support zone ranging from 32.97 to 32.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.71 from a trend line in the daily time frame.
- Support @29.16 from a trend line in the weekly time frame.
- Support @26.79 from a trend line in the daily time frame.
- Support @24.21 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 33.07 to 34.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.18 to 35.29. This zone is formed by a combination of multiple trend lines and important moving averages 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 XOMA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XOMA is down. |
| ChartMill Relative Strength | 79.23 | POSITIVE | XOMA has a high relative strength, it outperformed 79.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XOMA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XOMA is below a declining 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) | 38.56 | NEUTRAL | The RSI value for XOMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests XOMA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.74 | OVERSOLD | The low Stochastics value suggests XOMA may be oversold. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for XOMA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.09 | POSITIVE | The high ADX value value for XOMA suggests a strong trend. |
33.06
+0.08 (+0.24%)
XOMA ROYALTY CORPORATION / XOMA FAQ
Can you provide the ChartMill technical rating for XOMA ROYALTY CORPORATION?
ChartMill assigns a technical rating of 3 / 10 to XOMA.
Can you provide the trend direction for XOMA ROYALTY CORPORATION?
The current trend direction for XOMA ROYALTY CORPORATION (XOMA) is Bullish.
What is the RSI signal for XOMA ROYALTY CORPORATION (XOMA) stock?
XOMA ROYALTY CORPORATION (XOMA) has an RSI value of 38.5576. This indicates that the stock is currently neutral.
What is the MACD signal for XOMA ROYALTY CORPORATION (XOMA) stock?
The MACD indicator for XOMA ROYALTY CORPORATION (XOMA) has a value of -0.341755, indicating a bearish trend.
What are the support and resistance levels for XOMA ROYALTY CORPORATION (XOMA) stock?
XOMA ROYALTY CORPORATION (XOMA) has a support level at 32.97 and a resistance level at 33.07. Check the full technical report for our detailed analysis of XOMA support and resistance levels.