Technical analysis from Xero (XRO.AX, ASX:XRO) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Xero
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Recent trading for XRO has beaten the previous low by 2.2 % [Uptrend]
Low Price /
Recent trading for XRO has beaten the previous low by 2.2 % [Uptrend]

[BEARISH]: Xero current uptrend in the first timeframe. Currently, the Low is $30.25 (2.2 %).

[Strong Trend]: Average Directional Index @51.39 has confirmed a very strong trend for XRO
Average Directional Movement /
[Strong Trend]: Average Directional Index @51.39 has confirmed a very strong trend for XRO

[Stong Trend]: ADX for XRO has confirmed a very strong trend is presentXero has an ATR(14) of 0.811, a DX of 28.08 & an ADX(14) of 51.39

Percentage Price /
Price percentage oscillator: Upward momentum is still present for Xero

[BULLISH]: Xero currently has positive PPO 5.000%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Ulcer Index /
Drawdown for Xero is currently low signalling low stress

[BEARISH]: Xero UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.263.

Average True Range /
[Uptrend]: Average True Range @0.811 has confirmed an uptrend for XRO

[Bullish]: Average True Range has confirmed an uptrend is present. Xero has a TR of 0.9, and an ATR(14) of 0.811.

Range Tod Vs Range Yest /
Xero: Range Performance (-35.7)

[WEAK BEARISH]: Xerobuyers are becoming less eager.There has been 2 consecutive days of range decrease for XRO reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $4.6 & the greatest daily price range this year has been $9.22. The price range ratio this week versus the quarterly price range is 0.6x & the price range ratio this month versus the year to date price range is 0.5x.

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Price Range /
Xero: Daily price range is 0.9 [Downtrend]

XRO: Price Range Current Signal -> (1) 19 Oct: BEARISH (2) 18 Oct: BEARISH (3) 17 Oct: BULLISH

XRO Basic Candle: Black
Black Candle /
XRO Basic Candle: Black

[BEARISH]: Xero has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Daily trading performance for XRO has initiated a short term downtrend
Close Tod Vs Close Yest /
Daily trading performance for XRO has initiated a short term downtrend

[BEARISH]: Xerosellers are keener than buyers and are driving the price down. This is the first day of price decline for XRO adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -4.2 & the greatest daily negative change this year has been -4.2. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -4.2%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -4.2%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.3x. Over the last month the average daily downward movement has been -1.8%

Simple Moving Average /
XRO: Price continues to move below the SMA(5) @$31.232

XRO: SMA(5) Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BULLISH (3) 17 Oct: BULLISH

Weighted Moving Average /
Weighted Moving Average(5) signal continues for Xero indicating downward price movement is likely

[BEARISH]: Xero currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -1.3%.

Bill Williams Market Facilitation /
Volume is down & Money Flow Index is up confirming a Fake Day for XRO

Xero Currently is a confirmed Fake Day. MFI indicator is up, volume is down for XRO. Trend continuation possible for XRO from reduced trading activity.

Elders Force Index (4029) has signalled bullish conditions in recent trading for XRO
Elders Force Index /
Elders Force Index (4029) has signalled bullish conditions in recent trading for XRO

[BULLISH]: Xero current price has highlighted recent buying pressure. Currently, the Elders Force Index is 4029.

Market capitalization for Xero is $4.18B
TRADE /
Market capitalization for Xero is $4.18B

Xero key financial metrics: (1) MCAP: $4.18B (2) Shares: 137126000 (3) Free Float: 77132000

Short Trend /
First timeframe trend of Xero has signalled an Uptrend

[BULLISH]: Xero is in an uptrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 5

Momentum /
Xero has initiated a negative momentum of -0.54

[BEARISH CROSSOVER]: Xero currently has negative momentum of -0.54 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -1.3%.The largest downward momentum rally for the last 3 months is 1 days producing a return of 0%%.

High Price /
Xero: Daily high price is $31.15 [Higher High]

XRO: HIGH Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BEARISH (3) 17 Oct: BEARISH

Xero: Over the last 12 months there has been 4 trading days giving a confirmation ratio of 4.5%.
Open Tod Vs Close Tod /
Xero: Over the last 12 months there has been 4 trading days giving a confirmation ratio of 4.5%.

[BEARISH]: Xero opened in the lower part of daily range at 27.8% & closed in the lower part of the trading range at 23.3%. This suggests the buyers have lost control. Over the last 12 months there has been 4 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 4.5%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 14.3%.

Bullish trading conditions for Xero has been signalled from the DPO (4.2778)
Detrended Price Oscillator /
Bullish trading conditions for Xero has been signalled from the DPO (4.2778)

[BULLISH]: Xero currently has a confirmed uptrend. Price is currently above the displaced moving average for XROCurrently, the return on DPO20 is -1.3%.

Price was easily moved upward in recent trading on low volume causing an uptrend in price for XRO
Ease of Movement /
Price was easily moved upward in recent trading on low volume causing an uptrend in price for XRO

XRO: EOM Recent Trading -> (1) 19 Oct: 620.533 (2) 18 Oct: -962.349 (3) 17 Oct: -705.844

Rate of Change /
14-day rate of change is increasing for Xero

[BULLISH]: Xero currently has positive rate of change of 7.3%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Fibonacci Extensions /
Stoploss for Xero should be set at $25.07

Xero has moved above the 161.8% level ($26.98) [Bearish]. Look for a short limit order entry near this point. Exit price for XRO should be set @$28.89 & short position stoploss for Xero should be set at $25.07

Exponential Moving Average /
Exponential Moving Average(5) signal continues for Xero indicating downward price movement is likely

[BEARISH]: Xero currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.3%.

Ex-Dividend /
Xero: Ex-dividend date

No financial data available for XRO

CMF has a positive momentum of the acc/dist line
Chaikin Money Flow /
CMF has a positive momentum of the acc/dist line

XRO: Chaikin Oscillator Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BULLISH (3) 17 Oct: BULLISH

Xero has moved below the 61.8% retracement fan level ($179.87) [Bearish]
Fibonacci Fans /
Xero has moved below the 61.8% retracement fan level ($179.87) [Bearish]

Xero has moved below the 61.8% retracement level ($179.87) [Bearish]. Look for a short limit order entry near this point. Exit price for XRO should be set @$29.17 & short position stoploss for Xero should be set between $29.73

Triangular Moving Average /
The TMA trend following signal is now active for Xero [Bearish]

[BEARISH]: Xero currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -1.3%.

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