XP INC - CLASS A (XP) Stock Technical Analysis
NASDAQ:XP - Nasdaq - KYG982391099 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to XP. XP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month XP has a been trading in the 17.91 - 20.31 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
XP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so XP is lagging the market slightly.
XP has an average volume of 6617680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, XP turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
XP is part of the Capital Markets industry. There are 233 other stocks in this industry, XP did better than 65% of them.
XP has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.30
20.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.95 to 17.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.28 from a trend line in the weekly time frame.
- Support @14.44 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @19.80 from a horizontal line in the weekly time frame.
- Resistance @20.62 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for XP is down. |
| ChartMill Relative Strength | 68.81 | NEUTRAL | XP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XP is below 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) | 34.27 | NEUTRAL | The RSI value for XP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests XP has a negative trend. |
| Stochastics (14,3) | 6.51 | OVERSOLD | The low Stochastics value suggests XP may be oversold. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for XP suggests some volalility. |
| Average Directional Index/ADX (14) | 30.61 | 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)
17.96
-0.3 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.64%
1 Week-7.8%
2 Weeks-8.83%
1 Month-8.97%
3 Month28.65%
6 Month49.79%
12 Month0.39%
2 Year-33.51%
3 Year-14.88%
5 Year-61.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%2.45%
ATR Inc-10.51%
Range Today0.41
ADR(20)0.39
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.81
Mansfield0.21
10 Day High20.23
10 Day Low17.91
20 Day High20.31
20 Day Low17.91
52 Week High20.64
52 Week Low10.82
CS1 End17.95
CR1 Start19.8
Volume & EV
DER(3)-2.68%
DER(5)-3.32%
Volume3.50M
Volume Incr-13.2%
Vol(5)4.83M
Vol(50)6.62M