Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
XBiotech Inc. (NASDAQ:XBIT)
Countertrend Down (-85) - XBIT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid XBIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for XBIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XBIT
The long-term trend has been DOWN since Jul 15th, 2021 at 15.35
The intermediate-term trend has been DOWN since Sep 14th, 2021 at 15.50
The short-term trend has been UP since Oct 11th, 2021 at 13.16
Smart Scan Analysis for XBIT
Based on our trend formula, XBIT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||5.8||Year High Date||2018-04-02|
|Year Low||2.13||Year Low Date||2018-09-11|
|52wk High||20.75||52wk High Date||2021-02-05|
|52wk Low||12.2||52wk Low Date||2021-10-06|
|Average Volume||89,403||Shares Outstanding||30,378|