XTI AEROSPACE INC (XTIA) Stock Technical Analysis
NASDAQ:XTIA • US98423K4058
We assign a technical rating of 5 out of 10 to XTIA. In the past year, XTIA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, XTIA is a bad performer in the overall market: 79% of all stocks are doing better.
- XTIA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month XTIA has a been trading in the 1.45 - 1.94 range, which is quite wide. It is currently trading near the high of this range.
- XTIA has an average volume of 2054100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- XTIA is an average performer in the IT Services industry, it outperforms 69% of 86 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
XTIA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for XTIA in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.42
3 important support areas can be observed.
- A support zone ranging from 1.68 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.62 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.88 from a horizontal line in the weekly time frame.
- Resistance @1.93 from a trend 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 | DOWN | NEGATIVE | The long term trend for XTIA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XTIA is up. |
| ChartMill Relative Strength | 21.43 | NEGATIVE | XTIA has a low relative strength, it was outperformed by 78.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XTIA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XTIA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XTIA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.16 | NEUTRAL | The RSI value for XTIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests XTIA has a positive trend. |
| Stochastics (14,3) | 86.59 | OVERBOUGHT | The high Stochastics value suggests XTIA may be overbought. |
| Average True Range in percent/ATR (20) | 8.07 | HIGH VOLATILITY | The high ATR as a percentage value for XTIA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.8 | NEGATIVE | The low ADX value for XTIA suggests a weak or negative trend. |
1.87
-0.05 (-2.6%)
XTI AEROSPACE INC / XTIA FAQ
What is the ChartMill technical rating of XTI AEROSPACE INC (XTIA) stock?
ChartMill assigns a technical rating of 5 / 10 to XTIA.
Can you provide the trend direction for XTI AEROSPACE INC?
The current trend direction for XTI AEROSPACE INC (XTIA) is Bearish.
What is the RSI signal for XTIA stock?
XTI AEROSPACE INC (XTIA) has an RSI value of 57.1569. This indicates that the stock is currently neutral.
What is the short term momentum for XTI AEROSPACE INC (XTIA) stock?
The short term momentum for XTI AEROSPACE INC (XTIA) is positive.
What is the buy/sell signal for XTIA stock?
The buy/sell signal for XTI AEROSPACE INC (XTIA) is hold as the short term and long term trends are mixed.