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Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Xenetic Biosciences, Inc. (NASDAQ:XBIO)
Long-Term Downtrend (-90) - XBIO is in a strong downtrend that is likely to continue. While XBIO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for XBIO
The long-term trend has been DOWN since May 12th, 2023 at 0.332
The intermediate-term trend has been DOWN since May 18th, 2023 at 2.600
The short-term trend has been DOWN since May 31st, 2023 at 3.070
Smart Scan Analysis for XBIO
Based on our trend formula, XBIO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.01 | 3.16 | 2.99 | 3.16 | +0.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.19 | 5755 | 2023-06-02 15:47:20 |
| Year High | 8.95 | Year High Date | 2018-06-26 |
| Year Low | 1.3691 | Year Low Date | 2018-05-25 |
| 52wk High | 10 | 52wk High Date | 2022-07-26 |
| 52wk Low | 2.40101 | 52wk Low Date | 2022-12-28 |
| Average Volume | 66,777 | Shares Outstanding | 1,517 |
| Market Cap | 5M | Assets | 14,720,290M |
| Liabilities | 1,073,156M | P/E Ratio | -0.71960000 |
| Volatility | 120.02 |