X Technical Signal Analysis
X have 3 buy signals and 0 sell signal now. The current trend is consolidation starting from 2025-03-21. The total price change during this trend is +3.11%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of X over last 5 trading day is $316,672,765.94
3 Bullish Signal
0 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
3.54
Bullish
Momentum (10 days)
MOM_10 > 0
0.47
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
1.33
Bullish
Name
Signal
Value
Meaning
3 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
3.54
Bullish
Momentum (10 days)
MOM_10 > 0
0.47
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
1.33
Bullish
X Support and Resistance Level
The support levels for X are at 40.52, 39.39, and 37.56, while the resistance levels are at 44.18, 45.31, and 47.14. With the current stock price at 42.4, it is leaning more toward the resistance levels.
X Technical Analysis
Technical Analysis of X Stock
Price Overview
As of the latest data, X stock is trading at $41.08, showing a bullish trend with an 8.35% gain over the past week. The stock has formed a Golden Cross, a strong bullish signal, as it trades above its 20-day and 50-day moving averages.
Key Technical Indicators
- RSI (6, 12, 14): 65.29, 61.23, and 60.36, respectively, indicating the stock is in a bullish zone without being overbought.
- Stochastic Oscillator: %K (88.57) and %D (90.48) are in overbought territory, suggesting a potential pullback but not reversing the overall bullish trend.
- MACD: Positive at 0.92, with a bullish crossover, further confirming upward momentum.
Fibonacci Levels
- First Resistance: $41.52
- Second Resistance: $43.40
- Pivot Point: $38.50
News Sentiment
- Recent news highlights bullish momentum due to the Golden Cross and increased stake by billionaire Stanley Druckenmiller, signaling confidence in the stock's future performance. However, Q1 earnings guidance below expectations could introduce short-term volatility.
Conclusion
X stock is in a strong bullish trend with a target price of $43.40. The stock is expected to break the first Fibonacci resistance level of $41.52.
Recommendation: BUY X stock at the current price of $41.08, targeting the first resistance level of $41.52.
X FAQs
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Is X a buy based on overall technical signals summary?
X Buy or Sell
X has 3 buy signals and 0 sell signals now. Overall the technical rating for X is Buy.
Buy
Sell
0
Buy
3
X Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 42.4 below the SMA_5. In the short term, the stock shows a positive trend with the 42.67 above the SMA_20. In the mid term, the stock shows a positive trend with the 40.03 above the SMA_60. In the long term, the stock shows a positive trend with the 38 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about X's current trend?What are X's key support and resistance levels?