XP INC - CLASS A (XP) Stock Technical Analysis
NASDAQ:XP - Nasdaq - KYG982391099 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to XP. Both in the recent history as in the last year, XP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
XP is one of the better performing stocks in the Capital Markets industry, it outperforms 90% of 231 stocks in the same industry.
XP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so XP is performing more or less in line with the market.
In the last month XP has a been trading in the 15.51 - 19.84 range, which is quite wide. It is currently trading near the high of this range.
XP has an average volume of 7982770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that XP is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although XP has an excellent technical rating, the quality of the presented setup is not ideal 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
13.52
26.66
3 important support areas can be observed.
- A support zone ranging from 18.56 to 18.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.21 from a trend line in the weekly time frame.
- Support @13.66 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @26.40 from a horizontal line in the weekly 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 XP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XP is up. |
| ChartMill Relative Strength | 87.78 | POSITIVE | XP has a high relative strength, it outperformed 87.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.59 | OVERBOUGHT | The high RSI value suggests XP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests XP has a negative trend. |
| Stochastics (14,3) | 80.32 | OVERBOUGHT | The high Stochastics value suggests XP may be overbought. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for XP suggests some volalility. |
| Average Directional Index/ADX (14) | 43.42 | POSITIVE | The high ADX value value for XP suggests a strong 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)
19.36
+0.11 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.57%
1 Week3.58%
2 Weeks4.14%
1 Month21.23%
3 Month36.82%
6 Month42.98%
12 Month1.95%
2 Year9.69%
3 Year-14.37%
5 Year-36.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%3.07%
ATR Inc-36.73%
Range Today0.37
ADR(20)0.55
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.78
Mansfield1.61
10 Day High19.85
10 Day Low18.04
20 Day High19.85
20 Day Low15.51
52 Week High20.39
52 Week Low10.82
CS1 End18.93
CR1 Start26.4
Volume & EV
DER(3)-1.94%
DER(5)0.87%
Volume6.32M
Volume Incr-10.49%
Vol(5)7.17M
Vol(50)7.98M