Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Xenetic Biosciences, Inc (NASDAQ:XBIO)
Crossroads (-60) - XBIO is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XBIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for XBIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XBIO
The long-term trend has been UP since Dec 2nd, 2020 at 1.2300
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 2.3300
The short-term trend has been DOWN since Feb 18th, 2021 at 3.1413
Smart Scan Analysis for XBIO
Based on our trend formula, XBIO is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.95||Year High Date||2018-06-26|
|Year Low||1.3691||Year Low Date||2018-05-25|
|52wk High||5.85||52wk High Date||2020-12-09|
|52wk Low||0.44||52wk Low Date||2020-03-19|
|Average Volume||568,996||Shares Outstanding||6,296|