XMAX
Daily closes · 1Y (252 sessions) · +354.7% · range 1.69–9.34
The Businesswhat the company reports
Business & cash flow
| FCF / revenue | -2.7% |
|---|---|
| Gross margin | 22.9% |
| ROIC | -11.8% |
| Forward P/E | — |
No annual filing with both total assets and a cash-flow figure is cached for this name, so neither validated measure can be computed. FCF/revenue is shown instead, which is not the validated measure.
Price vs Earnings growth
Insufficient data to compare price against forward earnings growth
Confidence 35.0/100
Drivers
| Trailing price return (1y) | +354.7% |
|---|
Figures
| Trailing EPS | 0.50 |
|---|---|
| Trailing P/E | 18.28 |
Takeaway Low data confidence (limited analyst coverage) — treat this section as informational only.
The Pricewhat the chart is doingTop ↑
Price Levels
| Strategy | Fair Value Anchor |
|---|---|
| Reference band | 8.82 — 9.19 |
| Protective stop | 8.31 (Structure, 7.7% risk) |
| Support | 8.46 (3 touches, 8.0% away) |
| Resistance | 9.35 (2.3% away) |
Takeaway The shares are nearer the ceiling than the floor: about 2.3% below 9.35, where sellers have turned up before, and 8.0% above 8.46, where buyers have stepped in before. That floor has held 3 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 7.7% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.
Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.
Ichimoku Cloud (Adaptive)
| Daily cloud | Price ABOVE the cloud | periods 6/18/36 (70% of classic 9/26/52) |
|---|---|
| Lines | Tenkan/Kijun BULL | cloud twist BULL (fresh up, 1d ago) |
| Cloud event | Fresh up breakout 2d ago |
| Cloud thickness | 8% percentile (thin — little structure to fight through) |
| Chikou span | Above price from 26 periods ago |
| Weekly cloud | Price ABOVE the weekly cloud (context only, not scored) |
Takeaway The stock is trading above its cloud — a shaded band drawn from several of its own moving averages, currently 8.84 to 8.85. Being above it means the medium-term picture is pointing upwards, and that band is the first place the stock has recent support if it slips back. Its shorter-term averages agree with that.
Trailing returns
| 21 days | +8.4% |
|---|---|
| 63 days | +10.4% |
| 126 days | +48.1% |
| 252 days | +394.1% |
| Below 252d high | 2.1% |
Trend context
| Position | At trend |
|---|---|
| Extension | Normal |
| Trend slope | Flat |
| Direction of travel | Diverging from trend |
Takeaway The share price is close to the level its own longer-run trend suggests is fair, and that fair level is going sideways. The gap between the two has been widening. Neither is stretched far enough to stand out.
Volatility
| State | No recent compression |
|---|---|
| Current band width | 9.8% of price |
| Recent tightest | 9.8% (0 sessions ago, narrower than 63.0% of its history) |
| Expansion since | 1.00× |
| Band | 8.53 — 9.41 |
Takeaway Lately this share price has been swinging around inside a range roughly 10% wide. That is normal for this stock, so there is nothing unusual to read into it either way.
Historical trends
History begins when the site started recording, not when the company listed, so a short line means a short record and nothing more.
Who's Tradingthe flow behind the priceTop ↑
Insider activity
| Activity | No filings in the window |
|---|---|
| Buy filings | 0 |
| Sell filings | 0 |
Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.
Volume confirmation
| Volume-price trend | Above its signal line |
|---|---|
| Confirmation | Marginal |
No absorption or distribution event in the recent window.
Takeaway Slightly more shares change hands on rising days than on falling ones, but the gap is too small to read anything into.
Options Positioning
No binary-event flag
XMAX: no binary-event flag. Near IV 213%, far IV n/a, implied move 42.6%.
| Historical volatility | 40% |
|---|---|
| Implied vs historical | 5.36× — Options are priced well above what the stock has actually done |
| Implied move | ±42.6% by 2026-09-18 — Large relative to this stock's normal daily range |
| Implied move vs ATR | 2.79× |
| Put wall | 5.00 (-45.3% away) |
| Gamma pin | 5.00 |
- Implied move 42.6% is 2.79x the ATR-expected 15.3% over 23d
Takeaway Options traders are positioned for a move of around 42.6% in either direction by 2026-09-18.
Chain as at 2026-08-26. This is a risk read on whether a specific event is being priced — not a directional view.
Context & Methodthe record, and how it was builtTop ↑
Relative Rotation
Repair Attempt
Rotation health 50.1/100; Mixed Rotation.
| Rotation health | 50.1 |
|---|---|
| Rotation strength | 73.4 |
| Leg | Quadrant | RS-Ratio | RS-Mom |
|---|---|---|---|
| Stock vs sector | Lagging | 92.4 | 99.5 |
| Stock vs SPY | Weakening | 103.8 | 95.2 |
| Sector vs SPY | Weakening | 110.8 | 88.9 |
Direction of travel: North / momentum improving
Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.
News Headlines
- Loading headlines\u2026
Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.
Detailed Scoring
Positive signals
- Altman Z-score 61.30 (+6.0)
- Gross margin quality: 22.9% (+0.3)
- ROIC improving by 123.3 pts (+3.0)
- FCF margin improving by 11.7 pts (+2.0)
- High earnings quality (accrual ratio -0.084) (+2.0)
- Track 2: MACD line/signal trend quality (+18.0)
- Track 2: positive MACD trend regime (+10.0)
- Track 2: relative strength trend improving (+10.0)
- Track 2: 20-day momentum acceleration 0.18 (+16.0)
- Track 2: bullish DI spread 1.4 (+3.0)
- Track 2: relative momentum rank 0.99 (+15.0)
- Track 2: price above EMA20 by 2.6% (+2.2)
- Track 2: EMA20 slope expanding 0.2% (+0.7)
- Track 2: price above EMA50 by 5.0% (+4.0)
- Track 2: EMA50 slope improving 1.2% (+3.0)
- Track 2: constructive pullback within uptrend (+10)
- Track 2: Bollinger position 0.70 (+5.6)
- Regime convergence: ICHIMOKU_CLOUD_REVERSAL confidence 91.0/100 (EXCEPTIONAL) (+18.2)
Negative signals
- Track 2: MACD slope deteriorating (-5.0)
- Track 2: weak volume for momentum setup (0.71x average)
- Track 2: weak/falling ADX (28.3, falling)
- Track 2: RSI deterioration/overheating 49.3, 5-day change -3.9
- Track 2: weak VPT confirmation (0.00)
- Gross margin improving by -21.0 pts (+-1.0)
- Track 2 structural exemption: structural score 12.3/100 below the 25 quality floor; this is an unowned speculative candidate, so the universal SELL gate was skipped and the Track 2 momentum/RRG grid was allowed to evaluate instead. Structural quality here is weak by design for this kind of candidate -- treat any resulting BUY as higher risk than a Track 1 signal.
Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.