Xylem Inc. Stock Forecast

Xylem Inc. stock upgraded to Buy Candidate.
(Updated on May 17, 2024)

XY6.F Signals & Forecast

The Xylem Inc. 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 131.73€. On a fall, the stock will find some support from the long-term average at approximately 123.70€. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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, May 10, 2024, and so far it has fallen -0.87%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

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

On the downside, the stock finds support just below today's level from accumulated volume at 117.25€ and 115.95€. 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, Xylem Inc. finds support just below today's level at 117.25€. If this is broken, then the next support from accumulated volume will be at 115.95€ and 115.50€.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.550€ between high and low, or 0.418%. For the last week the stock has had daily average volatility of 0.92%.

Our recommended stop-loss: 127.32€ (-3.14%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 81 and this increases the risk substantially. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (XY6.F) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Xylem Inc. to open at 131.63€, and during the day (based on 14 day Average True Range), to move between 130.05€ and 132.85€, which gives a possible trading interval of +/-1.40€ (+/-1.07%) up or down from last closing price. If Xylem Inc. takes out the full calculated possible swing range there will be an estimated 2.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 131.50€ (0.04%) than the support at 117.25€ (10.80%), 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 Xylem 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 Xylem Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.911 Buy Candidate Upgraded

Predicted Opening Price for Xylem Inc. of Monday, May 20, 2024

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