Qxo. Stock Forecast

Buy or Hold candidate since May 08, 2025 Gain 45.07%

The QXO, Inc. stock price gained 0.299% on the last trading day (Tuesday, 17th Jun 2025), rising from $20.09 to $20.15. During the last trading day the stock fluctuated 2.41% from a day low at $19.91 to a day high of $20.39. The price has risen in 7 of the last 10 days and is up by 21.09% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 769 thousand more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately $103.42 million.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $20.69 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 47.58% during the next 3 months and, with a 90% probability hold a price between $24.06 and $30.53 at the end of this 3-month period.

QXO Signals & Forecast

The QXO, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $20.03 and $16.63. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. 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 Tuesday, June 10, 2025, and so far it has fallen -0.0496%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for QXO, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $19.00 and $17.06. 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, QXO, Inc. finds support just below today's level at $19.00. If this is broken, then the next support from accumulated volume will be at $17.06 and $16.82.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.480 between high and low, or 2.41%. For the last week, the stock has had daily average volatility of 3.60%.

Our recommended stop-loss: $19.44 (-3.53%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (QXO) For The Upcoming Trading Day Of Wednesday 18th

For the upcoming trading day on Wednesday, 18th we expect QXO, Inc. to open at $20.15, and during the day (based on 14 day Average True Range), to move between $19.26 and $21.04, which gives a possible trading interval of +/-$0.89 (+/-4.40%) up or down from last closing price. If QXO, Inc. takes out the full calculated possible swing range there will be an estimated 8.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $20.16 (0.05%) than the support at $19.00 (5.71%), 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 QXO, Inc. 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 QXO, Inc. stock to perform well in the short-term.

Current score: 1.588 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 18, 2025 - $20.15 ( 0%).

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