SPDR S&P US UTILITIES SELECT (SXLU.AS) Stock Technical Analysis
AMS:SXLU - Euronext Amsterdam - IE00BWBXMB69 - ETF - Currency: EUR
Taking everything into account, SXLU scores 6 out of 10 in our technical rating. Although SXLU has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
SXLU has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 44.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
40.19
We found 3 important support areas.
- A support zone ranging from 43.10 to 44.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.78 from a trend line in the weekly time frame.
- Support @40.60 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 44.47 to 44.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.93 from a horizontal line in the daily time frame.
- A resistance zone ranging from 47.72 to 47.78. 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 SXLU.AS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SXLU.AS is up. |
| ChartMill Relative Strength | 77.58 | POSITIVE | SXLU.AS has a high relative strength, it outperformed 77.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SXLU.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SXLU.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SXLU.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.74 | NEUTRAL | The RSI value for SXLU.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SXLU.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.93 | NEUTRAL | The Stochastics value for SXLU.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for SXLU.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 9.87 | NEGATIVE | The low ADX value for SXLU.AS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.77 | 43.28 | 1.49 (3.33%) | 25.00% |
| An entry @44.77. This is a Buy Stop order right above the resistance zone. | An exit @43.28. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.49 points, which is 3.33%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMS:SXLU (6/3/2025, 7:00:00 PM)
44.322
+0.26 (+0.6%)