XP INC - CLASS A (XP) Stock Technical Analysis
NASDAQ:XP - KYG982391099 - Common Stock
18.14 USD
-0.45 (-2.39%)
18.14 USD
0 (0%)
We assign a technical rating of 3 out of 10 to XP. XP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, XP is a bad performer in the overall market: 78% of all stocks are doing better.
XP is part of the Capital Markets industry. There are 239 other stocks in this industry, of which 69% are performing better than XP.
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.
In the last month XP has a been trading in the 15.71 - 18.87 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
XP has an average volume of 6008440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of XP is bad and it also does not present a quality setup 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
15.20
20.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.79 to 16.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.35 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @19.10 from a trend line in the weekly time frame.
- A resistance zone ranging from 19.80 to 19.95. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for XP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XP is neutral. |
| ChartMill Relative Strength | 22.97 | NEGATIVE | XP has a low relative strength, it was outperformed by 77.03% 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) | DOWN | MIXED | The current price of XP is above a declining 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) | 59.37 | NEUTRAL | The RSI value for XP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests XP has a positive trend. |
| Stochastics (14,3) | 78.51 | NEUTRAL | The Stochastics value for XP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for XP suggests some volalility. |
| Average Directional Index/ADX (14) | 28.99 | 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)
18.14
-0.45 (-2.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.39%
1 Week10.21%
2 Weeks3.3%
1 Month10.91%
3 Month-6.3%
6 Month28.2%
12 Month-1.47%
2 Year-28.41%
3 Year-5.72%
5 Year-63.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%3.11%
ATR Inc114.44%
Range Today0.5
ADR(20)0.47
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.97
Mansfield0.29
10 Day High18.87
10 Day Low15.71
20 Day High18.87
20 Day Low15.71
52 Week High20.64
52 Week Low10.82
CS1 End16.35
CR1 Start19.1
Volume & EV
DER(3)0.05%
DER(5)1.67%
Volume7.61M
Volume Incr59.81%
Vol(5)9.29M
Vol(50)6.01M