XAI OCTAGON FLTNG RT & ALT (XFLT)

US98400T1060

6.64  +0.02 (+0.3%)

Technical Rating and Analysis

0

Taking everything into account, XFLT scores 0 out of 10 in our technical rating. XFLT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, XFLT is a bad performer in the overall market: 66% of all stocks are doing better.
XFLT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so XFLT is lagging the market.
In the last month XFLT has a been trading in the 6.29 - 7.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
XFLT Weekly chart
XFLT Daily chart
Setup Rating and Analysis

4

XFLT has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

6.53

7.23

When analyzing the support we notice one important area.

  • A support zone ranging from 6.60 to 6.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 6.79 to 6.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 6.99 to 7.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 7.13 to 7.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.06
Mansfield-1.43
10 Day High6.84
10 Day Low6.29
20 Day High7.16
20 Day Low6.29
52 Week High7.76
52 Week Low6.29
Performance
1 Week-0.75%
2 Weeks-2.5%
1 Month-4.6%
3 Month-2.64%
6 Month-5.82%
12 Month-7%
2 Year5.06%
3 Year-25.56%
5 Year-17.92%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)42.97
LBB6.43
UBB6.97
XFLT Daily chart

XAI OCTAGON FLTNG RT & ALT

NYSE:XFLT (12/23/2024, 8:04:00 PM)

6.64

+0.02 (+0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week-0.75%
2 Weeks-2.5%
1 Month-4.6%
3 Month-2.64%
6 Month-5.82%
12 Month-7%
2 Year5.06%
3 Year-25.56%
5 Year-17.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.74%
ATR Inc-5.33%
Range Today0.1
ADR(20)0.1
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.06
Mansfield-1.43
10 Day High6.84
10 Day Low6.29
20 Day High7.16
20 Day Low6.29
52 Week High7.76
52 Week Low6.29
CS1 End6.61
CR1 Start6.79
Volume & EV
DER(3)2.18%
DER(5)-6.64%
Volume982.70K
Volume Incr43.49%
Vol(5)1.15M
Vol(50)734.51K