SPDR S&P AEROSPACE & DEF ETF (XAR) Stock Technical Analysis
NYSEARCA:XAR - NYSE Arca - US78464A6313 - ETF - Currency: USD
Overall XAR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XAR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that XAR is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, XAR also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by XAR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month XAR has a been trading in the 188.52 - 207.14 range, which is quite wide. It is currently trading near the high of this range.
Although XAR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
148.69
209.04
3 important support areas can be observed.
- A support zone ranging from 196.55 to 201.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @171.34 from a horizontal line in the daily time frame.
- Support @150.19 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for XAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XAR is up. |
| ChartMill Relative Strength | 91.24 | POSITIVE | XAR has a high relative strength, it outperformed 91.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XAR is above the rising 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) | 76.29 | OVERBOUGHT | The high RSI value suggests XAR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests XAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 88.4 | OVERBOUGHT | The high Stochastics value suggests XAR may be overbought. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for XAR suggests low volalility. |
| Average Directional Index/ADX (14) | 32.89 | POSITIVE | The high ADX value value for XAR suggests a strong 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)
206.97
+5.36 (+2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.66%
1 Week5.3%
2 Weeks4.23%
1 Month7.5%
3 Month27.85%
6 Month22.46%
12 Month47.86%
2 Year70.3%
3 Year105.72%
5 Year136.03%
10 Year261.84%
15 YearN/A
Volatility
ATR(14)3.72
ATR(20)%1.64%
ATR Inc20.93%
Range Today4.74
ADR(20)3.17
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.24
Mansfield1.72
10 Day High207.14
10 Day Low195.7
20 Day High207.14
20 Day Low188.52
52 Week High207.14
52 Week Low137.09
CS1 End201.62
CR1 StartN/A
Volume & EV
DER(3)-1.37%
DER(5)-1.58%
Volume166.00K
Volume Incr29.96%
Vol(5)169.78K
Vol(50)126.40K