BLOCK INC (XYZ) Technical Analysis
NYSE:XYZ • US8522341036
Current stock price
XYZ Technical Rating and Analysis
Overall XYZ gets a technical rating of 4 out of 10. In the past year, XYZ was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- XYZ has an average volume of 9000810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, XYZ outperforms 42% of them, which is more or less in line with the market.
- XYZ is an average performer in the Financial Services industry, it outperforms 61% of 100 stocks in the same industry.
- XYZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XYZ is lagging the market.
- In the last month XYZ has a been trading in the 55.86 - 65.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
XYZ Weekly and Daily overview Charts
XYZ Setup Rating and Analysis
XYZ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 62.85. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for XYZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
XYZ Support and Resistance Analysis
49.94
We found 4 important support areas.
- A support zone ranging from 59.85 to 60.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.05 to 58.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 55.97 to 55.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.44 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 62.85 to 63.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.83 from a horizontal line in the daily time frame.
- Resistance @69.55 from a horizontal line in the weekly 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.
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 | 42.35 | NEUTRAL | XYZ is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of XYZ is above 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) | 55.69 | NEUTRAL | The RSI value for XYZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests XYZ has a positive trend. |
| Stochastics (14,3) | 70.37 | NEUTRAL | The Stochastics value for XYZ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for XYZ suggests some volalility. |
| Average Directional Index/ADX (14) | 10.48 | 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
62.2
-0.49 (-0.78%)
BLOCK INC / XYZ TA FAQ
Can you provide the ChartMill technical rating for BLOCK INC?
ChartMill assigns a technical rating of 4 / 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 55.6937. This indicates that the stock is currently neutral.
What is the MACD signal for XYZ stock?
The MACD indicator for BLOCK INC (XYZ) has a value of 0.349752, indicating a bearish trend.
What is the short term momentum for XYZ stock?
The short term momentum for BLOCK INC (XYZ) is positive.