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XNET
Stock ticker: NASDAQ
AS OF
Dec 20, 04:59 PM (EDT)
Price
$1.99
Change
-$0.00 (-0.00%)
Capitalization
98.81M

XNET Xunlei Limited Forecast, Technical & Fundamental Analysis

a producer of an internet platform for digital media content

Industry
XNET
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for XNET with price predictions
Dec 20, 2024

Aroon Indicator for XNET shows an upward move is likely

XNET's Aroon Indicator triggered a bullish signal on December 20, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 121 similar instances where the Aroon Indicator showed a similar pattern. In of the 121 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The 10-day moving average for XNET crossed bullishly above the 50-day moving average on December 09, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XNET advanced for three days, in of 256 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on XNET as a result. In of 98 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for XNET turned negative on December 18, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

XNET moved below its 50-day moving average on December 19, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where XNET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

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XNET
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

a producer of an internet platform for digital media content

Industry

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
3709 Baishi Road
Phone
+86 75586338443
Employees
918
Web
http://www.xunlei.com
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XNET and Stocks

Correlation & Price change

A.I.dvisor tells us that XNET and ILLMF have been poorly correlated (+30% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that XNET and ILLMF's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To XNET
1D Price
Change %
XNET100%
N/A
ILLMF - XNET
30%
Poorly correlated
-0.53%
NCMI - XNET
24%
Poorly correlated
-0.30%
OMC - XNET
22%
Poorly correlated
+1.92%
LDWY - XNET
21%
Poorly correlated
+7.66%
BOC - XNET
21%
Poorly correlated
-0.56%
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