NYSE:XYZ • US8522341036
Taking everything into account, XYZ scores 0 out of 10 in our technical rating. XYZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of XYZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
48.60
4 important resistance areas can be observed.
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 XYZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XYZ is down. |
| ChartMill Relative Strength | 12.39 | NEGATIVE | XYZ has a low relative strength, it was outperformed by 87.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XYZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XYZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XYZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.54 | OVERSOLD | The low RSI value suggests XYZ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.02 | NEGATIVE | The MACD value suggests XYZ has a negative trend. |
| Stochastics (14,3) | 11.71 | OVERSOLD | The low Stochastics value suggests XYZ may be oversold. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for XYZ suggests high volalility. |
| Average Directional Index/ADX (14) | 30.47 | POSITIVE | The high ADX value value for XYZ suggests a strong trend. |
49.09
-4.72 (-8.77%)
ChartMill assigns a technical rating of 0 / 10 to XYZ.
The current trend direction for BLOCK INC (XYZ) is Bearish.
BLOCK INC (XYZ) has an RSI value of 26.5351. This indicates that the stock is currently oversold.
The short term momentum for BLOCK INC (XYZ) is negative.
The buy/sell signal for BLOCK INC (XYZ) is sell as both the short term and long term trends are negative.