XNET Xunlei Limited Forecast, Technical & Fundamental Analysis

XNET in +7.69% Uptrend, growing for three consecutive days on December 26, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where XNET advanced for three days, in of 255 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 02, 2025. You may want to consider a long position or call options on XNET as a result. In of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for XNET just turned positive on January 06, 2025. Looking at past instances where XNET's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

XNET moved above its 50-day moving average on January 02, 2025 date and that indicates a change from a downward trend to an upward trend.

The Aroon Indicator entered an Uptrend today. In of 121 cases where XNET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

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 .