XL CAPITAL LTD
(XL-NYSE):
Technical Viewpoint: From a low
of $70.60 on Oct 7, 2002 prices
rallied, reaching a
high of $83.16
on Oct 17, 2002. A
decline saw prices pull back, reaching a
low of
$73.98 on Oct 30, 2002.
Another rally saw prices penetrate
resistance, closing 11/29/02
at $82.74. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 11, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $78.50. Resistance: Is at $83.16.
Point & Figure: Reversed to the upside on Nov 30, 2002. A P&F upside
reversal takes place at $80.00. Summary: Technical indicators have turned bullish. BUY! XL CAPITAL LTD
(XL-NYSE) @ $83.13 Stop: Use a protective stop of $80.38.
XL CAPITAL LTD is currently trading @ $82.74 plus $2.24 on Nov 30, 2002. Price Objective:
$99.00. Risk/Reward: $2.75 VS. $15.88. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$99.00
Risk/Reward:
$2.75 VS. $15.88
Risk/Reward Ratio:
6:1
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