NYSEARCA:XVZ - NYSE Arca -
We assign a technical rating of 3 out of 10 to XVZ. Recently some decent action could be observed, but in the medium term time frame this is still negative. XVZ was also a bad performer in the overall market in the last year.
XVZ has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 38.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.38, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
35.98
When analyzing the support we can see 2 important areas.
We can see 3 important resistance areas.
NYSEARCA:XVZ (8/17/2021, 8:04:00 PM)
38.385
+0.11 (+0.29%)