The Hourly View for XL
At the time of this writing, XL (Get Ratings)’s price is up $0.12 (2.09%) from the hour prior. The hourly chart shows that XL has seen 3 straight up hours. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
XL ranks 22nd in terms of today’s price percentage change out of Automobiles and Trucks stocks.
XL’s Technical Outlook on the Daily Chart
At the moment, XL’s price is up $0.19 (3.42%) from the day prior. The daily chart shows that XL has seen 2 straight up days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. Regarding moving averages, it should first be noted that price has crossed the 20 day moving average, resulting in them so that price is now turning above it. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. XL Fleet Corp’s price action over the past 90 days can be seen via the chart below.
XL: Daily RSI Analysis
Want More Great Investing Ideas?