SPDR S&P AEROSPACE & DEF ETF (XAR) Stock Technical Analysis
USA - NYSEARCA:XAR - US78464A6313 - ETF
238.93 USD
-6.55 (-2.67%)
240 USD
+1.07 (+0.45%)
We assign a technical rating of 10 out of 10 to XAR. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that XAR is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, XAR also shows a nice and consistent pattern of rising prices.
XAR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month XAR has a been trading in the 221.13 - 250.87 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. 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
150.02
241.32
When analyzing the support we can see 4 important areas.
- A support zone ranging from 233.48 to 233.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 222.44 to 225.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 211.90 to 214.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @151.54 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 | 87.4 | POSITIVE | XAR has a high relative strength, it outperformed 87.4% 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) | 59.14 | NEUTRAL | The RSI value for XAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.78 | POSITIVE | The MACD value suggests XAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.93 | NEUTRAL | The Stochastics value for XAR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for XAR suggests low volalility. |
| Average Directional Index/ADX (14) | 30.64 | 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)
238.93
-6.55 (-2.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.67%
1 Week-0.72%
2 Weeks3.73%
1 Month7.96%
3 Month12.68%
6 Month47.12%
12 Month49.09%
2 Year107.57%
3 Year125.09%
5 Year180.7%
10 Year341.65%
15 YearN/A
Volatility
ATR(14)4.92
ATR(20)%1.87%
ATR Inc79.37%
Range Today9.22
ADR(20)4.2
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.4
Mansfield1.82
10 Day High250.87
10 Day Low229.67
20 Day High250.87
20 Day Low221.13
52 Week High250.87
52 Week Low137.09
CS1 End233.69
CR1 StartN/A
Volume & EV
DER(3)-0.98%
DER(5)-2.42%
Volume251.50K
Volume Incr32.93%
Vol(5)188.58K
Vol(50)157.12K