
USA - NYSEARCA:XHB - US78464A8889 - ETF
We assign a technical rating of 0 out of 10 to XHB. 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.
Although the technical rating is bad, XHB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 103.31, a Stop Loss order could be placed below this zone.
89.94
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The short term trend for XHB is down. |
| ChartMill Relative Strength | 23 | NEGATIVE | XHB has a low relative strength, it was outperformed by 77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XHB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XHB is below a declining 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) | 37.13 | NEUTRAL | The RSI value for XHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests XHB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.21 | NEUTRAL | The Stochastics value for XHB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for XHB suggests low volalility. |
| Average Directional Index/ADX (14) | 13.28 | NEGATIVE | The low ADX value for XHB suggests a weak or negative trend. |
103.32
-0.8 (-0.77%)
ChartMill assigns a technical rating of 0 / 10 to XHB.
The current trend direction for SS SPDR S&P HOMEBLDRS ETF (XHB) is Bearish.
SS SPDR S&P HOMEBLDRS ETF (XHB) has an RSI value of 37.1253. This indicates that the stock is currently neutral.
The MACD indicator for SS SPDR S&P HOMEBLDRS ETF (XHB) has a value of 0.0235242, indicating a bearish trend.
SS SPDR S&P HOMEBLDRS ETF (XHB) has a support level at 103.31 and a resistance level at 104.65. Check the full technical report for our detailed analysis of XHB support and resistance levels.