We assign a technical rating of 2 out of 10 to XOP. XOP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, XOP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 127.14, a Stop Loss order could be placed below this zone.
More info and screens
118.35
2 important support areas can be observed.
- A support zone ranging from 122.92 to 127.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @119.55 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 133.75 to 137.25. 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 XOP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XOP is neutral. |
| ChartMill Relative Strength | 27.1 | NEGATIVE | XOP has a low relative strength, it was outperformed by 72.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XOP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XOP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of XOP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.37 | NEUTRAL | The RSI value for XOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests XOP has a positive trend. |
| Stochastics (14,3) | 39.7 | NEUTRAL | The Stochastics value for XOP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for XOP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for XOP suggests a weak or negative trend. |
127.41
-1.05 (-0.82%)
SS SPDR S&P OG EXP & PROD / XOP FAQ
What is the technical rating for XOP stock?
ChartMill assigns a technical rating of 2 / 10 to XOP.
Can you provide the trend direction for SS SPDR S&P OG EXP & PROD?
The current trend direction for SS SPDR S&P OG EXP & PROD (XOP) is Bearish.
What is the RSI signal for SS SPDR S&P OG EXP & PROD (XOP) stock?
SS SPDR S&P OG EXP & PROD (XOP) has an RSI value of 48.3723. This indicates that the stock is currently neutral.
What is the short term momentum for SS SPDR S&P OG EXP & PROD (XOP) stock?
The short term momentum for SS SPDR S&P OG EXP & PROD (XOP) is neutral.
What are the support and resistance levels for SS SPDR S&P OG EXP & PROD (XOP) stock?
SS SPDR S&P OG EXP & PROD (XOP) has a support level at 127.14 and a resistance level at 133.75. Check the full technical report for our detailed analysis of XOP support and resistance levels.