XP Inc. (XP)

XP Inc. is trading at $28.93, down 1.45% on the session. The 50 day average sits at $21.59 and the 200 day at $19.07, which puts the stock in a uptrend. RSI is at 73.2, which reads as overbought, and MACD is bullish crossover. Volume is average.

The nearest support is around $19.78 with resistance near $32.73, so that band frames the current range. Average daily movement is roughly $1.36, or about 4.7% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 100, momentum of 78 and a risk score of 28.

XP Inc. engages in the provision of financial products and services in Brazil. It operates XP Platform, an open product platform that provides clients to access investment products in the market comprising brokerage securities, fixed income securities, mutual, hedge, and private equity funds; derivatives and synthetic instruments; credit cards; loan operations/collateralized credit products; pension and social security funds, and life and travel insurance products; and other investment products comprising real estate funds, and equity and debt capital markets solutions, as well as wealth management services. The company offers brokerage and issuer services to institutional and corporate clients. It also manages mutual funds focused on stocks and macro strategies distributed to retail and to institutional clients; funds and managed portfolios for high-net-worth retail clients, and proprietary treasury funds; and passive mutual funds that track market indexes, and mutual and investment funds focused on fixed income, credit, real estate, infrastructure, and other alternative strategies. In addition, the company offers securities brokerage services for institutional and retail investors; interdealer brokerage services for institutional traders; and commercial and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits, as well as develops and sells financial education courses and events online and in person to retail clients. It offers its sell products and services through its omni-channel distribution network and online portals. XP Inc. was founded in 2001 and is based in George Town, the Cayman Islands.