SPDR S&P US MATERIALS SELECT (SXLB.AS) Stock Technical Analysis
AMS:SXLB - Euronext Amsterdam - IE00BWBXM831 - ETF - Currency: EUR
We assign a technical rating of 1 out of 10 to SXLB. SXLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SXLB is a bad performer in the overall market: 82% of all stocks are doing better.
Warning: SXLB has an average volume of 2157 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SXLB has a been trading in the 34.26 - 38.30 range, which is quite wide. It is currently trading near the high of this range.
SXLB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SXLB is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
SXLB has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.26
43.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.25 to 34.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.60 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 37.82 to 38.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 41.12 to 41.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 42.44 to 43.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SXLB.AS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SXLB.AS is neutral. |
| ChartMill Relative Strength | 18.89 | NEGATIVE | SXLB.AS has a low relative strength, it was outperformed by 81.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SXLB.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SXLB.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SXLB.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.04 | NEUTRAL | The RSI value for SXLB.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests SXLB.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.82 | NEUTRAL | The Stochastics value for SXLB.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for SXLB.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for SXLB.AS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AMS:SXLB (5/27/2025, 7:00:00 PM)
37.808
+0.58 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.56%
1 Week-0.77%
2 Weeks2.34%
1 Month9.46%
3 Month-10.07%
6 Month-10.55%
12 Month-6.68%
2 Year13.1%
3 Year1.2%
5 Year68.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%1.49%
ATR Inc-21.74%
Range Today0
ADR(20)0.2
ADR(20)%0.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.89
Mansfield-0.85
10 Day High38.3
10 Day Low36.46
20 Day High38.3
20 Day Low34.26
52 Week High44.22
52 Week Low34.26
CS1 End34.25
CR1 Start37.82
Volume & EV
DER(3)0%
DER(5)0%
Volume1.14K
Volume Incr-76.18%
Vol(5)597.2
Vol(50)2.16K