
USA - NASDAQ:XRPI - US92864M7801 - ETF
Overall XRPI gets a technical rating of 0 out of 10. XRPI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of XRPI 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.
11.29
When analyzing the resistance we notice 2 important areas.
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 XRPI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XRPI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | XRPI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XRPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XRPI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 35.27 | NEUTRAL | The RSI value for XRPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests XRPI has a negative trend. |
| Stochastics (14,3) | 5.38 | OVERSOLD | The low Stochastics value suggests XRPI may be oversold. |
| Average True Range in percent/ATR (20) | 9.08 | HIGH VOLATILITY | The high ATR as a percentage value for XRPI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.99 | NEUTRAL | The ADX value for XRPI suggests a possible start of a new trend. |
11.4
-0.36 (-3.06%)
ChartMill assigns a technical rating of 0 / 10 to XRPI.
The current trend direction for XRP ETF (XRPI) is Bearish.
XRP ETF (XRPI) has an RSI value of 35.2709. This indicates that the stock is currently neutral.
The MACD indicator for XRP ETF (XRPI) has a value of -0.15598, indicating a bearish trend.
XRP ETF (XRPI) has a resistance level at 14.14. Check the full technical report for our detailed analysis of XRPI support and resistance levels.