BLOCK INC (XYZ) Technical Analysis
NYSE:XYZ • US8522341036
Current stock price
73.89 USD
+2.63 (+3.69%)
At close:
74.1083 USD
+0.22 (+0.3%)
Pre-Market:
XYZ Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to XYZ. In the last year, XYZ was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- XYZ is part of the Financial Services industry. There are 99 other stocks in this industry. XYZ outperforms 80% of them.
- XYZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so XYZ is lagging the market slightly.
- In the last month XYZ has a been trading in the 55.86 - 73.94 range, which is quite wide. It is currently trading near the high of this range.
- XYZ has an average volume of 8618440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, XYZ did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
XYZ Weekly and Daily overview Charts
XYZ Setup Rating and Analysis
Although XYZ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
XYZ Support and Resistance Analysis
50.09
81.92
We found 2 important support areas.
- A support zone ranging from 59.42 to 59.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @50.60 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 80.74 to 81.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
XYZ Technical Indicator Signal Analysis
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 XYZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XYZ is up. |
| ChartMill Relative Strength | 73.07 | POSITIVE | XYZ has a high relative strength, it outperformed 73.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XYZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XYZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XYZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.23 | OVERBOUGHT | The high RSI value suggests XYZ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.33 | POSITIVE | The MACD value suggests XYZ has a positive trend. |
| Stochastics (14,3) | 96.73 | OVERBOUGHT | The high Stochastics value suggests XYZ may be overbought. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for XYZ suggests some volalility. |
| Average Directional Index/ADX (14) | 16.77 | NEGATIVE | The low ADX value for XYZ suggests a weak or negative trend. |
XYZ Chart- and CandleStick Pattern Analysis
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)
XYZ Technicals: Chart, Performance Metrics, Trend & Indicators
73.89
+2.63 (+3.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg3.69%
1 Week15.06%
2 Weeks21.77%
1 Month24.46%
3 Month10.56%
6 Month-7.1%
12 Month27.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.82
ATR(20)%3.75%
ATR Inc15.93%
Range Today2.89
ADR(20)2.4
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.07
3 months CRS85.16
6 months CRS28.81
Mansfield0.24
10 Day High73.94
10 Day Low59.43
20 Day High73.94
20 Day Low55.86
52 Week High82.5
52 Week Low44.27
CS1 End59.93
CR1 Start80.74
Volume & EV
DER(3)2.54%
DER(5)1.68%
Volume5.78M
Volume Incr-11.86%
Vol(5)5.32M
Vol(50)8.62M
BLOCK INC / XYZ TA FAQ
Can you provide the ChartMill technical rating for BLOCK INC?
ChartMill assigns a technical rating of 7 / 10 to XYZ.
Can you provide the trend direction for BLOCK INC?
The current trend direction for BLOCK INC (XYZ) is Bearish.
Can you provide the RSI signal for BLOCK INC?
BLOCK INC (XYZ) has an RSI value of 76.2264. This indicates that the stock is currently overbought.
What is the MACD signal for XYZ stock?
The MACD indicator for BLOCK INC (XYZ) has a value of 1.33156, indicating a bullish trend.
What is the short term momentum for XYZ stock?
The short term momentum for BLOCK INC (XYZ) is positive.