USA - NYSE:XYZ - US8522341036 - Common Stock
We assign a technical rating of 5 out of 10 to XYZ. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, XYZ is a bad performer.
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 80.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.52, a Stop Loss order could be placed below this zone.
71.55
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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) | 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). |
| Relative Strength Index/RSI (14) | 55.76 | NEUTRAL | The RSI value for XYZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests XYZ has a positive trend. |
| Stochastics (14,3) | 56.15 | NEUTRAL | The Stochastics value for XYZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for XYZ suggests some volalility. |
| Average Directional Index/ADX (14) | 13.47 | NEGATIVE | The low ADX value for XYZ suggests a weak or negative trend. |
78.56
+2.64 (+3.48%)