Why is QXO Down Today?

QXO
$10.89
▼ -2.59% ($-0.28)
Last updated: Oct 16, 2026 8:40 PM ET (538 min ago)

About QXO, Inc.

QXO Inc is a building products distribution company engaged in the distribution of roofing, waterproofing and complementary building products in North America. It offers a full suite of business applications, including ERP, warehouse management, accounting, CRM, and business intelligence solutions.

Sector: WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS
Market Cap: $12.58B
Forward P/E: 36.4
52-Week Range: $10.17 - $27.61
Employees: 211

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS sector moving together
This appears to be a sector-wide move. The WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS sector is down 3.9% on average.

✅ Move Confirmation

LOW VOLUME 0.7x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS sector: -3.9%

This appears to be a sector-wide move. Most WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS stocks are moving in the same direction.

Market Comparison

QXO is underperforming the market (-1.5% vs SPY)
S&P 500
SPY
-1.11%
Nasdaq 100
QQQ
-2.5%
QXO
This Stock
-2.59%
vs S&P 500: -1.48%
vs Nasdaq: -0.09%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, QXO is expected to trade between:
$10.56 - $11.11

Key Level to Watch

$10.35 support
Watch for breakdown below $10.89

🔔 Get QXO Alerts

We'll notify you when QXO's trend changes or a new signal fires.

Last updated: Oct 16, 2026 8:40 PM (538 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Neutral
Options Sentiment
1.17
Put/Call Ratio
92.0%
Implied Volatility
Call Volume: 13,942
Put Volume: 16,310
Total: 30,252
Unusual Activity: $15 CALL (3,000 vol) $9 PUT (1,061 vol) $9 PUT (1,007 vol)

Historical Context

QXO has moved more than 3.0% down on 55 occasions in the past year.

49.1%
Continuation Rate
27/55 times continued down
+0.76%
Avg Next Day Change
After similar down moves
Last similar move: Oct 14, 2026 (-6.3%) → Next day: +8.2%

Frequently Asked Questions

Why is QXO stock down today?

This appears to be a sector-wide move. The WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS sector is down 3.9% on average.

Is QXO stock a buy or sell right now?

Based on current analysis, QXO shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the QXO stock price target?

QXO is currently trading at $10.89. Based on today's momentum, the expected short-term range is $10.56 - $11.11. See long-term price prediction →

Will QXO stock continue falling?

Our analysis shows a 45% probability that QXO's move continues in the next 1-3 days. Key level to watch: $10.35 (support).

Is QXO stock oversold or overbought?

QXO's RSI (Relative Strength Index) is currently at 41.0. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for QXO stock?

QXO's 10-day momentum indicator is at -1.2. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is QXO outperforming or underperforming the market?

QXO (-2.59%) is currently underperforming the market (-1.5% vs SPY). Today, the S&P 500 (SPY) is down -1.11%, and Nasdaq (QQQ) is down -2.50%.

What does MACD indicate for QXO?

QXO's MACD (-0.52) is currently below the signal line (-0.49), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 18.0) is weak.

Is QXO in an uptrend or downtrend?

Based on moving average analysis, QXO is in a bearish trend. The price ($10.89) is trading below both the 20-day SMA ($11.64) and 50-day SMA ($12.72). This alignment typically indicates sustained downward pressure.

Check Why Another Stock is Moving

Enter any ticker symbol to see real-time analysis

Popular: AAPL TSLA NVDA MSFT META AMZN GOOGL