SS SPDR S&P OG EXP & PROD (XOP) Stock Technical Analysis
NYSEARCA:XOP • US78468R5569
We assign a technical rating of 9 out of 10 to XOP. Both in the recent history as in the last year, XOP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, XOP did better than 71% of all other stocks.
- A new 52 week high is currently being made by XOP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month XOP has a been trading in the 133.56 - 153.89 range, which is quite wide. It is currently trading near the high of this range.
- XOP has an average volume of 3858430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XOP has an excellent technical rating, but the quality of the setup is only medium 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
120.59
3 important support areas can be observed.
- A support zone ranging from 143.68 to 144.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @129.28 from a trend line in the weekly time frame.
- A support zone ranging from 121.81 to 125.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 151.87 to 151.87. 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 | UP | POSITIVE | The long term trend for XOP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XOP is up. |
| ChartMill Relative Strength | 71.45 | POSITIVE | XOP has a high relative strength, it outperformed 71.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XOP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XOP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XOP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.36 | NEUTRAL | The RSI value for XOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests XOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.56 | OVERBOUGHT | The high Stochastics value suggests XOP may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for XOP suggests some volalility. |
| Average Directional Index/ADX (14) | 36.46 | POSITIVE | The high ADX value value for XOP suggests a strong trend. |
149.49
-2.37 (-1.56%)
SS SPDR S&P OG EXP & PROD / XOP FAQ
What is the technical rating for XOP stock?
ChartMill assigns a technical rating of 9 / 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 Bullish.
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 62.3572. 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 positive.
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 144.62 and a resistance level at 151.87. Check the full technical report for our detailed analysis of XOP support and resistance levels.