Xp Inc. Class A Common Stock | XP

Daily Technical Analysis of Xp Inc. Class A Common Stock

Not too much action today, Xp drifted down slightly. We'll see where it goes next.

Currently XP isn't at a clear support/resistance line that seems tradable. Momentum wise Xp , has been oscillating up and down but hasn't shown much directional energy that would be predictive to the near future. XP may hit some resistance around the 24.76 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.

Analyst Ratings for Xp By Price Target And Rating

The analysts feel fairly neutral on the prospects for XP but a little more positive than negative. The current Analysts Sentiment Score is 22.09. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. JPMorgan Chase & Co. announced an upgrade on 2023-12-05 from Neutral to Overweight and provided a price target boost 11.11% to $30.00 from $27.00. On 2023-09-01 UBS Group increased their price target by 17.86% to $33.00. On 2023-08-21 Citigroup increased their price target by 50% to $30.00. Credit Suisse Group upgraded from Underperform to Neutral on 2023-07-20 and also increased their price target by 73.33% to $26.00. Bank of America announced an upgrade on 2023-06-21 from Neutral to Buy. On 2023-03-02 The Goldman Sachs Group lowered their price target by -33.33% to $20.00. HSBC decided to move down their price target on 2023-02-28 to $20.00 which is a -23.08% decrease. Grupo Santander downgraded from Outperform to Neutral on 2022-12-13.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for XP

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for XP

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.