SPDR S&P US FINANCIAL SELECT (SXLF.AS) Stock Technical Analysis
AMS:SXLF - Euronext Amsterdam - IE00BWBXM500 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to SXLF. Although SXLF is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: SXLF has an average volume of 3473 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SXLF has a been trading in the 50.60 - 54.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that SXLF is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SXLF 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 SXLF is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
SXLF has an average technical rating and the quality of the presented setup is also not ideal 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
45.31
59.06
When analyzing the support we can see 3 important areas.
- Support @48.37 from a trend line in the weekly time frame.
- Support @47.07 from a horizontal line in the weekly time frame.
- A support zone ranging from 45.77 to 46.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 51.93 to 53.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.46 to 54.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 58.48 to 58.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for SXLF.AS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SXLF.AS is neutral. |
| ChartMill Relative Strength | 80.97 | POSITIVE | SXLF.AS has a high relative strength, it outperformed 80.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SXLF.AS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SXLF.AS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SXLF.AS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.6 | NEUTRAL | The RSI value for SXLF.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SXLF.AS has a negative trend. |
| Stochastics (14,3) | 27.54 | NEUTRAL | The Stochastics value for SXLF.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for SXLF.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 13.68 | NEGATIVE | The low ADX value for SXLF.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:SXLF (6/2/2025, 7:00:00 PM)
51.76
-0.58 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.12%
1 Week-0.3%
2 Weeks-3.19%
1 Month0.84%
3 Month-0.44%
6 Month-6.65%
12 Month18.19%
2 Year47.26%
3 Year53.74%
5 Year131.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%1.16%
ATR Inc-18.12%
Range Today0.38
ADR(20)0.31
ADR(20)%0.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.97
Mansfield-0.17
10 Day High53.49
10 Day Low51.4
20 Day High54.1
20 Day Low50.6
52 Week High58.74
52 Week Low42.88
CS1 End48.37
CR1 Start51.93
Volume & EV
DER(3)0%
DER(5)0%
Volume824
Volume Incr-83.23%
Vol(5)833.6
Vol(50)3.47K