SPDR S&P BIOTECH ETF (XBI) Stock Technical Analysis
NYSEARCA:XBI - NYSE Arca - US78464A8707 - ETF - Currency: USD
Overall XBI gets a technical rating of 5 out of 10. In the past year, XBI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
62% of all other stocks performed better in the past year than XBI.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month XBI has a been trading in the 80.90 - 88.61 range, which is quite wide. It is currently trading near the high of this range.
XBI has an average volume of 11127400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XBI is lagging the market.
XBI has an average technical rating and also 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.
More info and screens
74.69
102.55
We found 2 important support areas.
- A support zone ranging from 81.92 to 85.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 75.44 to 76.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 87.03 to 88.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @101.53 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for XBI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XBI is up. |
| ChartMill Relative Strength | 38.06 | NEUTRAL | XBI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.94 | NEUTRAL | The RSI value for XBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests XBI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.96 | OVERBOUGHT | The high Stochastics value suggests XBI may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for XBI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.65 | NEGATIVE | The low ADX value for XBI 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)
87.02
-1.36 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.54%
1 Week2.09%
2 Weeks3.99%
1 Month3.14%
3 Month17.07%
6 Month-2.71%
12 Month-12.07%
2 Year3.24%
3 Year7.26%
5 Year-20.41%
10 Year2.2%
15 Year375.69%
Volatility
ATR(14)1.86
ATR(20)%2.03%
ATR Inc-13.25%
Range Today1.21
ADR(20)1.69
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.06
Mansfield-1.13
10 Day High88.61
10 Day Low82.04
20 Day High88.61
20 Day Low80.9
52 Week High105.47
52 Week Low66.66
CS1 End85.06
CR1 Start87.03
Volume & EV
DER(3)4.38%
DER(5)0.62%
Volume7.72M
Volume Incr3%
Vol(5)10.12M
Vol(50)11.13M