BONDBLOXX BBG 1 DUR US TREAS (XONE)       49.85  -0.02 (-0.04%)

49.85  -0.02 (-0.04%)

US09789C8617 - ETF

Technical Rating

6

Overall XONE gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, XONE is only an average performer.



Both the short term and long term trends are positive. This is a very positive sign.
XONE is part of the Machinery industry. There are 152 other stocks in this industry. XONE outperforms 96% of them.
XONE is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When comparing the yearly performance of all stocks, we notice that XONE is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month XONE has a been trading in a tight range between 49.68 and 49.88.
Warning: XONE has an average volume of 19500 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Statistics

1 Month 3 Months 6 Months 12 Months -0.06% -0.15% 111.13% 68.93% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 94.31 15.3101 - 50
XONE Weekly chart
XONE Daily chart

Support/Resistance Analysis


24.83

50.49
3 important support areas can be observed.
  • A support zone ranging from 49.50 to 49.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 31.46 to 31.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.08 from a trend line in the weekly time frame.
We found 1 important resistance area.
  • A resistance zone ranging from 49.85 to 49.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

Setup Analysis

Setup Rating

8

Although the technical rating is only medium, XONE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 49.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.85, 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.

Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
49.8649.810.06 (0.11%)25.00%
An entry @49.86. This is a Buy Stop order right above the 10 day moving average.An exit @49.80. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.06 points, which is 0.11%.For a 0.03% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
XONE Daily chart

BONDBLOXX BBG 1 DUR US TREAS49.85

NYSEARCA:XONE (1/30/2023, 9:58:59 AM)-0.02 (-0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Industrials
GICS Industry Machinery

Performance
Today -0.04% 1 Week 0.02%
2 Weeks 0.05% 1 Month -0.06%
3 Month -0.15% 6 Month 111.13%

Volatility
ATR(14) 0.02 ATR(20)% 0.07%
ATR Inc -52.44% Range Today 0.02

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 94.31 Mansfield 5.07
10 Day High 49.88 10 Day Low 49.82
20 Day High 49.88 20 Day Low 49.68
52 Week High 50 52 Week Low 15.31
CS1 End 49.85 CR1 Start 49.88

Volume & EV
DER(3) 0.61% DER(5) 1.16%
Volume 223.91K Volume Incr -39.43%
Vol(5) 23.70K Vol(50) 19.50K

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA