SPDR S&P HOMEBUILDERS ETF (XHB) Stock Technical Analysis
NYSEARCA:XHB - NYSE Arca - US78464A8889 - ETF - Currency: USD
Overall XHB gets a technical rating of 7 out of 10. In the last year, XHB was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 XHB has a been trading in the 96.28 - 107.33 range, which is quite wide. It is currently trading near the high of this range.
XHB has an average volume of 2641750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, XHB outperforms 43% of them, which is more or less in line with the market.
XHB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XHB is lagging the market.
Although XHB has an excellent technical rating, it does not present a decent entry opportunity 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
89.94
107.80
When analyzing the support we can see 5 important areas.
- Support @106.70 from a horizontal line in the daily time frame.
- A support zone ranging from 101.73 to 103.28. 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 94.68 to 96.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @93.07 from a horizontal line in the daily time frame.
- Support @90.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 106.73 to 106.73. 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 | NEUTRAL | NEUTRAL | The long term trend for XHB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XHB is up. |
| ChartMill Relative Strength | 43.7 | NEUTRAL | XHB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XHB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XHB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of XHB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.7 | NEUTRAL | The RSI value for XHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests XHB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.08 | NEUTRAL | The Stochastics value for XHB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for XHB suggests some volalility. |
| Average Directional Index/ADX (14) | 23.3 | NEUTRAL | The ADX value for XHB suggests a possible start of a new 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)
106.72
+5.67 (+5.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.61%
1 Week6.29%
2 Weeks4.81%
1 Month9.57%
3 Month14%
6 Month-4%
12 Month-8.7%
2 Year26.28%
3 Year66.75%
5 Year115.12%
10 Year183.98%
15 Year608.16%
Volatility
ATR(14)2.64
ATR(20)%2.43%
ATR Inc42.59%
Range Today4.31
ADR(20)2.44
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.7
Mansfield-0.79
10 Day High107.34
10 Day Low99.04
20 Day High107.34
20 Day Low96.28
52 Week High126.09
52 Week Low84.48
CS1 End106.7
CR1 Start106.73
Volume & EV
DER(3)3.7%
DER(5)2.71%
Volume4.73M
Volume Incr-1.44%
Vol(5)2.75M
Vol(50)2.64M