RXO's stock price is currently trading at $19.11 as of 2025-03-24, with a 52-week range of $18.75 to $32.82. The stock has recently crossed below its 200-day moving average, a bearish signal. The RSI is currently at 37.70, indicating the stock is no longer oversold but still in a bearish zone. The MACD is negative, suggesting downward momentum.
The Fibonacci levels indicate key support and resistance points. The pivot point is at $18.55, with resistance levels at $19.35 and $20.65. The stock is currently trading near the lower end of these levels, suggesting potential weakness.
Recent news indicates RXO's stock fell 13% following its Q4 results, reflecting negative investor sentiment. The broader market is mixed, with the Dow gaining 0.13% while the NASDAQ and S&P 500 fell slightly.
Based on the technical indicators and news sentiment, RXO's stock is expected to decline next week. The price target is $17.75, testing the lower Fibonacci support level.
Sell RXO stock as the technical indicators and news sentiment suggest continued downward pressure.
The price of RXO is predicted to go up 24.63%, based on the high correlation periods with OESX. The similarity of these two price pattern on the periods is 94.66%.
RXO
OESX
Truist Securities
2025-03-13
Price Target
$24
Upside
+31.58%
Stifel
2025-01-23
Price Target
$26 → $27
Upside
+3.09%
Barclays
2025-01-17
Price Target
$32 → $30
Upside
+19%