
LEVERAGE SHARES 2X XYZ (XYZG) Technical Analysis
NASDAQ:XYZG • US8829274781
Current stock price
XYZG Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to XYZG. XYZG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Warning: XYZG has an average volume of 20086 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month XYZG has a been trading in the 10.90 - 17.08 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, XYZG did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- XYZG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XYZG is lagging the market.
- Considerably lower volume is observed in the last couple of days.
XYZG Weekly and Daily overview Charts
XYZG Setup Rating and Analysis
Although XYZG has an excellent technical rating, it does not present a decent entry opportunity 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
XYZG Support and Resistance Analysis
10.97
2 important support areas can be observed.
- Support @14.43 from a horizontal line in the daily time frame.
- Support @11.08 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @15.49 from a horizontal line in the weekly time frame.
- Resistance @15.79 from a trend line in the daily time frame.
- A resistance zone ranging from 16.32 to 16.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
XYZG 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 XYZG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XYZG is up. |
| ChartMill Relative Strength | 87.2 | POSITIVE | XYZG has a high relative strength, it outperformed 87.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XYZG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XYZG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XYZG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.73 | NEUTRAL | The RSI value for XYZG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests XYZG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.43 | NEUTRAL | The Stochastics value for XYZG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for XYZG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.34 | NEUTRAL | The ADX value for XYZG suggests a possible start of a new trend. |
XYZG Chart- and CandleStick Pattern Analysis
XYZG Technicals: Chart, Performance Metrics, Trend & Indicators
15.4797
+0.56 (+3.76%)
LEVERAGE SHARES 2X XYZ / XYZG TA FAQ
What is the ChartMill technical rating of LEVERAGE SHARES 2X XYZ (XYZG) stock?
ChartMill assigns a technical rating of 8 / 10 to XYZG.
Can you provide the trend direction for LEVERAGE SHARES 2X XYZ?
The current trend direction for LEVERAGE SHARES 2X XYZ (XYZG) is Bearish.
What is the RSI signal for XYZG stock?
LEVERAGE SHARES 2X XYZ (XYZG) has an RSI value of 61.7344. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LEVERAGE SHARES 2X XYZ?
The short term momentum for LEVERAGE SHARES 2X XYZ (XYZG) is positive.