News        Sectors        Watchlists

Xylem Inc. (XYL)

Xylem Inc. New stock forecast: buy or sell

Close on Sep 25th, 2020
$83.06 0.01%
3 months performance
0.31%
Published: September 28th, 2020 - 02:11

Xylem Inc. New stock outlook

  • Xylem Inc. New closed last Friday at $83.06 after inching a 1.05%.
  • The stock is configuring an uptrend pattern since last March, when it bottomed at $54.23. Up to date, the uptrend marked a 53.16% profit since the beginning of this rally

Important note:
The comments expressed in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this text does not have an understanding of the specific positions of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for general educational purposes only

Xylem Inc. New stock charts

Should I buy Xylem Inc. New stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is XYL stock a buy?

In the current situation of Xylem Inc. New there is not any eligible buy setup. This doesn't mean XYL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Xylem Inc. New stock?

When you are a novel trader and you own a stock with some profit, it's really hard to decide the best moment to sell and get your profits. Trading strategies help us to avoid rash decisions based on our personal sentiments or the noise that surrounds the market. When selling, as well as buying, detailed strategies are very easy to follow but are only applicable for selling shares in your porfolio, not for selling short XYL stock

As a rule of thumb, you should never mantain an operation that results in higher than expected losses by the time of purchase. The moment to sell your stock must always be determined by the stop-loss (automatic or manual)

Is it time to sell Xylem Inc. New stock?

Currently, Xylem Inc. New stock doesn't match any of our preferred sell setups, so if you own Xylem Inc. New shares and your operation is in profit probably is not time to sell now

Analysts' recommendations to buy or sell Xylem Inc. New stock

Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal

In the last 30 days, just one brokerage rating was published for Xylem Inc. New

Xylem Inc. New ratings

Brokerage firmRating
Sep 13th, 2020
Royal Bank of Canada Strong buy

Technical analysis

Since last March, Xylem Inc. New has been printing an uptrend that by now marked an amazing 53.16%. The price shows higher highs and higher lows, and along the way provided some buy points for those who wanted to trade in. Latest pullback was in late July, when price bounced at $71.64. Currently, the price trades in a consolidation between its last top ($87.64) and its last bottom ($71.64)

SMAs overview

Moving averages are tools for investors to gauge direction. A moving average is the average price of a stock over a set period of time. Moving averages are usually calculated on different periods depending on the trading timeframe 21, 50, 100 and 200 days are the most usual moving averages

XYL SMAs chart

Supports and resistances

Market investors use support and resistance levels to spot price points in the stock price action that may behave as barriers, containing the price of an asset to move up or down. Supports are levels where the price tends to find support as it falls. Price is more likely to "bounce off" this level rather than break through it. However, if the price breaks down the support, it will probably continue descending until meeting another support level. On the contrary, resistances are where the price tends to find resistance as it moves up. Again, this means that the price is more likely to "rebound" at this level, and if it finally ruptures this level, the price will rally easily until it finds the next resistance

The current resistance levels are:

  • R1: $84.00 (1.13% above)
  • R2: $84.55 (1.79% above)
  • R3: $87.64 (5.51% above)
  • The current supports are:

  • S1: $82.84 (-0.26% below)
  • S2: $82.77 (-0.35% below)
  • S3: $80.31 (-3.31% below)
  • Bollinger bands

    The so-called Bollinger bands are a well-established technique created by John Bollinger. It is composed of 3 bands that are drawn superimposed on the price evolution chart:

    • The central band is a moving average, usually a simple moving average calculated with 20 periods
    • The upper band is calculated by adding to the value of the simple moving average 2 times the standard deviation of the moving average
    • The lower band is calculated by subtracting from the simple moving average 2 times the standard deviation of the moving average

    Since the price surpassed the upper band on September 17, the price dropped by 3.72%

    XYL RSI chart

    Relative strength index

    The relative strength index (RSI) is a technical indicator used in the analysis of stock markets. It is intended to plot the current and previous weakness or strength of a stock or market based on the closing prices of a recent trading period. Like other oscillation indicators, the RSI moves from 0 to 100. The relative strength indicator is one of the best known and most widely used indicators, and it was invented by J. Welles Wilder in the late 1970s

    The RSI dropped below the overbought level of 70 in early September after just crossing to the overbough zone for just one day (weak signal). The RSI value last Friday was 54.48. Xylem Inc. New stock merely moved a 0.14% since that level was lost

    XYL RSI chart

    Earnings and financials

    Xylem Inc. (XYL) posted EPS for the fiscal second-quarter that met Wall St. expectations. Quarterly EPS was $0.40 per share versus $0.39. Forecasted turnover for Q2 was $998.4 million but Xylem Inc. New surpassed by 16.19%, posting $1.2 billion.

    Compared to the same quarter last year, EPS was $0.79, so reported EPS means a loss of -49.37%. Looking at revenues, figures tanked a -13.75% compared to $1.3B year over year.

    Xylem Inc. New is releasing financial report on late next October. Forecasted per-share earnings of %s for this quarter is $0.50. If you own or you are thinking of buying Xylem Inc. New shares, you must be on alert as the financial reporting day usually has a higher than usual volatility, and price can jump up or down with exceptionally low liquidity and not honouring your buy/stop-loss orders. Have a look company's website to confirm time and details on the earnings call and the earnings report.

    XYL revenues and profits chart