X3 HOLDINGS CO LTD (XTKG) Stock Technical Analysis
NASDAQ:XTKG - Nasdaq - KYG720071342 - Common Stock - Currency: USD
Overall XTKG gets a technical rating of 6 out of 10. In the last year, XTKG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
63% of all other stocks performed better in the past year than XTKG.
XTKG 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
XTKG is part of the Software industry. There are 282 other stocks in this industry, XTKG did better than 44% of them.
In the last month XTKG has a been trading in the 1.25 - 2.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, XTKG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
1.15
2.13
We found 4 important support areas.
- Support @1.46 from a trend line in the daily time frame.
- Support @1.28 from a horizontal line in the daily time frame.
- Support @1.22 from a trend line in the daily time frame.
- Support @1.16 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @1.77 from a horizontal line in the weekly time frame.
- Resistance @1.86 from a horizontal line in the daily time frame.
- Resistance @2.05 from a trend line in the daily time frame.
- Resistance @2.11 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 | NEUTRAL | NEUTRAL | The long term trend for XTKG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XTKG is up. |
| ChartMill Relative Strength | 37.69 | NEUTRAL | XTKG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XTKG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XTKG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of XTKG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.22 | NEUTRAL | The RSI value for XTKG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests XTKG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.94 | NEUTRAL | The Stochastics value for XTKG is a neutral value. |
| Average True Range in percent/ATR (20) | 13.87 | HIGH VOLATILITY | The high ATR as a percentage value for XTKG suggests high volalility. |
| Average Directional Index/ADX (14) | 35.82 | POSITIVE | The high ADX value value for XTKG 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.78 | 1.50 | 0.28 (15.73%) | 6.36% |
| An entry @1.78. This is a Buy Stop order right above the resistance zone. | An exit @1.50. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.28 points, which is 15.73%. | When investing 6.36% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.76
-0.06 (-3.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.3%
1 Week1.15%
2 Weeks9.32%
1 Month6.67%
3 Month80.87%
6 Month77.42%
12 Month-78.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%13.87%
ATR Inc-40.64%
Range Today0.18
ADR(20)0.22
ADR(20)%12.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.69
Mansfield-3.18
10 Day High1.93
10 Day Low1.51
20 Day High2.24
20 Day Low1.25
52 Week High9.4
52 Week Low0.53
CS1 End1.46
CR1 Start1.77
Volume & EV
DER(3)-2.85%
DER(5)-4.11%
Volume88.00K
Volume Incr-45.66%
Vol(5)60.90K
Vol(50)165.93K