Stock Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Xenetic Biosciences, Inc (NASDAQ:XBIO)
Bull Market Weakness (+75) - XBIO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XBIO as it may be in the beginning stages of a reversal.
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 DOWN since Dec 24th, 2018 at 23.400
The intermediate-term trend has been UP since Apr 6th, 2020 at 0.837
The short-term trend has been UP since Apr 6th, 2020 at 0.800
Smart Scan Analysis for XBIO
Based on our trend formula, XBIO is rated as a +70 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||23.88||52wk High Date||2019-04-01|
|52wk Low||0.44||52wk Low Date||2020-03-19|
|Average Volume||192,851||Shares Outstanding||6,285|