XPENG INC - ADR (XPEV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:XPEV - US98422D1054 - ADR
We assign a technical rating of 1 out of 10 to XPEV. XPEV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month XPEV has a been trading in the 19.01 - 21.98 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.
- XPEV is part of the Automobiles industry. There are 36 other stocks in this industry. XPEV outperforms 88% of them.
- XPEV has an average volume of 10903200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that XPEV is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- XPEV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XPEV is lagging the market.
- Considerably lower volume is observed in the last couple of days.
XPEV has a poor technical rating and the quality of the setup is also not perfect 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
17.23
We found 2 important support areas.
- A support zone ranging from 17.88 to 18.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @17.40 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @19.42 from a trend line in the weekly time frame.
- A resistance zone ranging from 20.40 to 21.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.71 to 21.83. This zone is formed by a combination of multiple trend lines 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 XPEV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XPEV is down. |
| ChartMill Relative Strength | 70.89 | POSITIVE | XPEV has a high relative strength, it outperformed 70.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XPEV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XPEV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of XPEV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.52 | NEUTRAL | The RSI value for XPEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests XPEV has a negative trend. |
| Stochastics (14,3) | 21.08 | NEUTRAL | The Stochastics value for XPEV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for XPEV suggests some volalility. |
| Average Directional Index/ADX (14) | 12.45 | NEGATIVE | The low ADX value for XPEV suggests a weak or negative trend. |
19.25
-0.68 (-3.41%)
XPENG INC - ADR / XPEV FAQ
Can you provide the ChartMill technical rating for XPENG INC - ADR?
ChartMill assigns a technical rating of 1 / 10 to XPEV.
What is the trend direction for XPEV stock?
The current trend direction for XPENG INC - ADR (XPEV) is Bearish.
What is the RSI signal for XPENG INC - ADR (XPEV) stock?
XPENG INC - ADR (XPEV) has an RSI value of 42.5179. This indicates that the stock is currently neutral.
What is the support and resistance level for XPEV stock?
XPENG INC - ADR (XPEV) has a support level at 18.09 and a resistance level at 19.42. Check the full technical report for our detailed analysis of XPEV support and resistance levels.