XIN Forecast and Technical Stock Analysis
Hold candidate since 2019-09-18 PDF
Xinyuan Real Estate Company., Ltd. (ADR) fell by -0.24% in the last day ( Wednesday, 18th Sep 2019 ) from $4.24 to $4.23 During the day the stock fluctuated 1.70% from a day low at $4.20 to a day high of $4.27. The price has been going up and down for this period, and there has been a 0.48% gain for the last 2 weeks. Volume has increased in the last day by 26 090 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 107 638 shares bought and sold for approximately $455 309.00.
- 30 day high of the XIN stock price was $4.43 and low was $4.08.
- 90 day high was $4.43 and low was $3.81.
- 52 week high for Xinyuan Real Estate Company., Ltd. (ADR) - $5.10 and low - $3.60.
Xinyuan Real Estate Company., Ltd. (ADR) is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Xinyuan Real Estate Company., Ltd. (ADR) with a 90% probability to be traded between $3.83 and $4.36 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Xinyuan Real Estate Company., Ltd. (ADR) holds buy signals from both short- and long-term moving averages. In addition, 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 $4.22 and $4.16. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday September 16, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Xinyuan Real Estate Company., Ltd. (ADR) gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 40 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Xinyuan Real Estate Company., Ltd. (ADR) finds support from accumulated volume at $4.22.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.07 (1.70%) between high and low. For the last week, the stock has had daily average volatility of 1.87%.
Our recommended stop-loss: $4.02 (-5.07%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)
1.87 %Average volatility
Very Low Low Medium High Very High
Xinyuan Real Estate Company., Ltd. (ADR) holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.
|XIN $4.23 ($-0.01 -0.24%)|
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!