BLOCK INC (XYZ) Technical Analysis
NYSE:XYZ • US8522341036
Current stock price
XYZ Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to XYZ. 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.
- When comparing the yearly performance of all stocks, XYZ is a bad performer in the overall market: 73% of all stocks are doing better.
- XYZ has an average volume of 9072020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- XYZ is part of the Financial Services industry. There are 98 other stocks in this industry, XYZ did better than 54% of them.
- XYZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so XYZ is lagging the market slightly.
- In the last month XYZ has a been trading in the 49.33 - 67.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
XYZ Weekly and Daily overview Charts
XYZ Setup Rating and Analysis
The technical rating of XYZ is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
XYZ Support and Resistance Analysis
49.70
We found 2 important support areas.
- Support @57.83 from a horizontal line in the daily time frame.
- Support @50.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 60.17 to 61.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.91 to 67.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 80.74 to 80.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for XYZ is down. |
| ChartMill Relative Strength | 27.64 | NEGATIVE | XYZ has a low relative strength, it was outperformed by 72.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XYZ is below the rising 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) | 47.05 | NEUTRAL | The RSI value for XYZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests XYZ has a negative trend. |
| Stochastics (14,3) | 24.74 | NEUTRAL | The Stochastics value for XYZ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for XYZ suggests high volalility. |
| Average Directional Index/ADX (14) | 19.69 | NEGATIVE | The low ADX value for XYZ suggests a weak or negative trend. |
XYZ Chart- and CandleStick Pattern Analysis
XYZ Technicals: Chart, Performance Metrics, Trend & Indicators
58.99
+1.15 (+1.99%)
BLOCK INC / XYZ TA FAQ
Can you provide the ChartMill technical rating for BLOCK INC?
ChartMill assigns a technical rating of 1 / 10 to XYZ.
Can you provide the trend direction for BLOCK INC?
The current trend direction for BLOCK INC (XYZ) is Bearish.
What is the RSI signal for BLOCK INC (XYZ) stock?
BLOCK INC (XYZ) has an RSI value of 47.0544. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLOCK INC?
The short term momentum for BLOCK INC (XYZ) is negative.