SS SPDR S&P AEROSPACE DEF (XAR) Stock Technical Analysis
USA - NYSEARCA:XAR - US78464A6313 - ETF
Taking everything into account, XAR scores 9 out of 10 in our technical rating. In the last year, XAR was one of the better performers, but we do observe some doubts in the very recent evolution.
XAR has an excellent technical rating, but the quality of the setup is 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.
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150.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 232.00 to 233.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @211.90 from a horizontal line in the daily time frame.
- Support @152.52 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 244.28 to 251.25. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for XAR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XAR is neutral. |
| ChartMill Relative Strength | 86.58 | POSITIVE | XAR has a high relative strength, it outperformed 86.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.12 | NEUTRAL | The RSI value for XAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.31 | NEGATIVE | The MACD value suggests XAR has a negative trend. |
| Stochastics (14,3) | 46.45 | NEUTRAL | The Stochastics value for XAR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for XAR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.3 | NEUTRAL | The ADX value for XAR suggests a possible start of a new trend. |
238.53
-3.44 (-1.42%)
SS SPDR S&P AEROSPACE DEF / XAR FAQ
Can you provide the ChartMill technical rating for SS SPDR S&P AEROSPACE DEF?
ChartMill assigns a technical rating of 9 / 10 to XAR.
What is the current trend direction of SS SPDR S&P AEROSPACE DEF (XAR) stock?
The current trend direction for SS SPDR S&P AEROSPACE DEF (XAR) is Bullish.
What is the RSI signal for SS SPDR S&P AEROSPACE DEF (XAR) stock?
SS SPDR S&P AEROSPACE DEF (XAR) has an RSI value of 46.116. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SS SPDR S&P AEROSPACE DEF?
The MACD indicator for SS SPDR S&P AEROSPACE DEF (XAR) has a value of -1.31095, indicating a bearish trend.