XNET Stock Xunlei (XNET, $3.55) price may drop as it broke higher Bollinger Band on Feb 14, 2025
at Tickeron.com
XNET saw its Stochastic Oscillator recovers from the overbought zone
The Stochastic Oscillator for XNET moved out of overbought territory on February 21, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 57 similar instances where the indicator exited the overbought zone. In of the 57 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for XNET moved out of overbought territory on February 21, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 18 similar instances where the indicator moved out of overbought territory. In of the 18 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
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 .
XNET broke above its upper Bollinger Band on February 14, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 23, 2025. You may want to consider a long position or call options on XNET as a result. In of 97 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 17, 2025. Looking at past instances where XNET's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
XNET moved above its 50-day moving average on January 15, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where XNET advanced for three days, in of 254 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 125 cases where XNET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
