BLOCK INC (XYZ) Stock Technical Analysis
NYSE:XYZ - US8522341036 - Common Stock
74.09 USD
-0.09 (-0.12%)
74.2 USD
+0.11 (+0.15%)
Taking everything into account, XYZ scores 5 out of 10 in our technical rating. XYZ was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, XYZ is a bad performer in the overall market: 100% of all stocks are doing better.
XYZ is part of the Financial Services industry. There are 100 other stocks in this industry, of which 93% are performing better than XYZ.
In the last month XYZ has a been trading in the 71.45 - 82.50 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
XYZ has an average volume of 11334400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, XYZ does present a nice setup opportunity. 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 support zone below the current price at 73.41, a Stop Loss order could be placed below this zone.
More info and screens
70.18
81.55
We found 2 important support areas.
- A support zone ranging from 73.03 to 73.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 70.89 to 71.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 74.91 to 76.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @78.82 from a trend line in the daily time frame.
- 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.
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 | UP | POSITIVE | The long term trend for XYZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XYZ is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | XYZ has a low relative strength, it was outperformed by 100% 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) | UP | POSITIVE | The current price of XYZ is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.36 | NEUTRAL | The RSI value for XYZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests XYZ has a negative trend. |
| Stochastics (14,3) | 22.5 | NEUTRAL | The Stochastics value for XYZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for XYZ suggests some volalility. |
| Average Directional Index/ADX (14) | 26.3 | POSITIVE | The high ADX value value for XYZ 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)
74.09
-0.09 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.12%
1 Week-2.56%
2 Weeks-3.59%
1 Month-7.12%
3 Month26.13%
6 Month8.4%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.71
ATR(20)%3.6%
ATR Inc-20.35%
Range Today1.64
ADR(20)2.48
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High82.5
10 Day Low71.45
20 Day High82.5
20 Day Low71.45
52 Week HighN/A
52 Week LowN/A
CS1 End73.41
CR1 Start74.91
Volume & EV
DER(3)-0.71%
DER(5)-1.23%
Volume6.96M
Volume Incr-63.47%
Vol(5)6.58M
Vol(50)11.33M