SPDR S&P HOMEBUILDERS ETF (XHB) Stock Technical Analysis
NYSEARCA:XHB - NYSE Arca - US78464A8889 - ETF - Currency: USD
Taking everything into account, XHB scores 1 out of 10 in our technical rating. XHB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
70% of all other stocks performed better in the past year than XHB.
XHB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so XHB is lagging the market.
XHB has an average volume of 2155800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month XHB has a been trading in the 91.71 - 102.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
XHB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 96.84. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for XHB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
85.92
102.90
3 important support areas can be observed.
- Support @92.77 from a trend line in the weekly time frame.
- Support @90.85 from a horizontal line in the weekly time frame.
- Support @86.79 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 96.84 to 98.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 100.89 to 101.88. 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 | DOWN | NEGATIVE | The long term trend for XHB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XHB is neutral. |
| ChartMill Relative Strength | 30.14 | NEUTRAL | XHB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XHB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of XHB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XHB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.53 | NEUTRAL | The RSI value for XHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests XHB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.66 | NEUTRAL | The Stochastics value for XHB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for XHB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.31 | NEGATIVE | The low ADX value for XHB 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)
96.02
+1.33 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.4%
1 Week1.9%
2 Weeks-2.69%
1 Month1.14%
3 Month-5.75%
6 Month-19.37%
12 Month-5.59%
2 Year19.58%
3 Year75.51%
5 Year118.72%
10 Year162.21%
15 Year570.53%
Volatility
ATR(14)1.99
ATR(20)%2.22%
ATR Inc-2.51%
Range Today1.82
ADR(20)1.82
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.14
Mansfield-1.45
10 Day High98.18
10 Day Low91.71
20 Day High102.36
20 Day Low91.71
52 Week High126.09
52 Week Low84.48
CS1 End92.77
CR1 Start96.84
Volume & EV
DER(3)4.08%
DER(5)2.94%
Volume2.29M
Volume Incr11.8%
Vol(5)2.45M
Vol(50)2.16M