XOMA ROYALTY CORPORATION (XOMA) Stock Technical Analysis
NASDAQ:XOMA - Nasdaq - US98419J2069 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to XOMA. XOMA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month XOMA has a been trading in the 23.41 - 27.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
XOMA is one of the better performing stocks in the Biotechnology industry, it outperforms 77% of 557 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that XOMA is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Volume is considerably higher in the last couple of days.
XOMA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.42, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for XOMA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
19.98
27.76
2 important support areas can be observed.
- A support zone ranging from 23.85 to 24.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.18 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 25.50 to 25.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.08 from a trend line in the daily time frame.
- A resistance zone ranging from 26.99 to 27.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 73.51 | POSITIVE | XOMA has a high relative strength, it outperformed 73.51% 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) | UP | POSITIVE | The current price of XOMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XOMA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.84 | NEUTRAL | The RSI value for XOMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests XOMA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.02 | NEUTRAL | The Stochastics value for XOMA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for XOMA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.06 | 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)
24.62
+0.69 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.88%
1 Week-1.87%
2 Weeks-1.52%
1 Month-7.44%
3 Month17.91%
6 Month-9.25%
12 Month0.7%
2 Year30.33%
3 Year10.5%
5 Year24.6%
10 Year-68.27%
15 Year200.24%
Volatility
ATR(14)1.1
ATR(20)%4.53%
ATR Inc-21.46%
Range Today1.02
ADR(20)1.09
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.51
Mansfield-0.93
10 Day High26.47
10 Day Low23.41
20 Day High27
20 Day Low23.41
52 Week High35
52 Week Low18.35
CS1 End24.42
CR1 Start25.5
Volume & EV
DER(3)4.21%
DER(5)3.29%
Volume156.40K
Volume Incr24.52%
Vol(5)62.58K
Vol(50)36.49K