RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of XOMA
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Stronger technical forecast for XOMA Corporation stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The XOMA Corporation stock price gained 3.04% on the last trading day (Thursday, 28th Mar 2024), rising from $23.34 to $24.05. During the last trading day the stock fluctuated 4.60% from a day low at $23.25 to a day high of $24.32. The price has been going up and down for this period, and there has been a -6.67% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 thousand more shares were traded than the day before. In total, 19 thousand shares were bought and sold for approximately $459.69 thousand.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 30.49% during the next 3 months and, with a 90% probability hold a price between $29.70 and $35.57 at the end of this 3-month period.

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XOMA Signals & Forecast

The XOMA Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $24.07. On a fall, the stock will find some support from the long-term average at approximately $23.89. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. XOMA Corporation has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 15, 2024, and so far it has fallen -8.62%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for XOMA Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $20.89 and $20.84. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, XOMA Corporation finds support just below today's level at $20.89. If this is broken, then the next support from accumulated volume will be at $20.84 and $19.75.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.07 between high and low, or 4.60%. For the last week, the stock has had daily average volatility of 5.07%.

Our recommended stop-loss: $22.61 (-5.98%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 9 days ago.)

Trading Expectations (XOMA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect XOMA Corporation to open at $23.87, and during the day (based on 14 day Average True Range), to move between $22.90 and $25.20, which gives a possible trading interval of +/-$1.15 (+/-4.80%) up or down from last closing price. If XOMA Corporation takes out the full calculated possible swing range there will be an estimated 9.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $24.50 (1.87%) than the support at $20.89 (13.14%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is XOMA Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for XOMA Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 3.818 Buy Candidate Upgraded

Predicted Opening Price for XOMA Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$23.87 ( 0.735%) $24.05

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for XOMA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 24.94 3.71 %
R2 24.53 2.01 %
R1 24.28 0.96 %
Current price: 24.05
Support S1 23.46 -2.43 %
S2 23.21 -3.48 %
S3 22.80 -5.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 26.32 9.44 %
R2 24.90 3.53 %
R1 24.50 1.87 %
Current price 24.05
Support S1 20.89 -13.14%
S2 20.84 -13.35%
S3 19.75 -17.88%

XOMA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 02, 2024 Apr 02, 2024 Apr 02, 2024 $0 0%

FAQ

What is the symbol for XOMA Corporation Stock and on which exchange is it traded?
The symbol for XOMA Corporation is XOMA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell XOMA Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for XOMA Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy XOMA Corporation Stock?
XOMA Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy XOMA Corporation Stock.

What's the current price of XOMA Corporation Stock?
As of the end of day on the 2024-03-28, the price of an XOMA Corporation (XOMA) share was $24.05.

What is the 52-week high and low for XOMA Corporation Stock?
The 52-week high for XOMA Corporation Stock is $26.83 and the 52-week low is $13.48.

What is the market capitalization of XOMA Corporation Stock?
As of the 2024-03-28, the market capitalization of XOMA Corporation is 271.346M.

When is the next earnings date for XOMA Corporation?
The upcoming earnings date for XOMA Corporation is May 14, 2024.
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About XOMA Corporation

XOMA XOMA Corporation operates as a biotechnology royalty aggregator in Europe, the United States, and the Asia Pacific. The company engages in helping biotech companies for enhancing human health. It acquires the potential future economics associated with pre-commercial therapeutic candidates that have been licensed to pharmaceutical or biotechnology companies. The company focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with ... XOMA Profile

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