SPDR S&P HOMEBUILDERS ETF (XHB) Stock Technical Analysis
USA - NYSEARCA:XHB - US78464A8889 - ETF
111.64 USD
+0.08 (+0.07%)
111.9 USD
+0.26 (+0.23%)
We assign a technical rating of 3 out of 10 to XHB. In the last year, XHB was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
61% of all other stocks performed better in the past year than XHB.
XHB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
XHB has an average volume of 2596900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
XHB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 111.33, a Stop Loss order could be placed below this zone.
More info and screens
101.90
124.12
2 important support areas can be observed.
- A support zone ranging from 109.12 to 111.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @102.93 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @118.82 from a trend line in the weekly time frame.
- Resistance @122.89 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 | UP | POSITIVE | The long term trend for XHB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XHB is down. |
| ChartMill Relative Strength | 39.32 | NEUTRAL | XHB is not amongst the best or worst performers 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) | UP | MIXED | The current price of XHB is below 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) | 47.38 | NEUTRAL | The RSI value for XHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests XHB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.48 | NEUTRAL | The Stochastics value for XHB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for XHB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.52 | 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)
111.64
+0.08 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week2.31%
2 Weeks-2.55%
1 Month-4.75%
3 Month8.81%
6 Month20.21%
12 Month-7.99%
2 Year55.88%
3 Year91.36%
5 Year114.78%
10 Year212.37%
15 Year620.26%
Volatility
ATR(14)2.09
ATR(20)%2.06%
ATR Inc-38.99%
Range Today1.53
ADR(20)2.13
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.32
Mansfield-0.59
10 Day High114.16
10 Day Low109.05
20 Day High120.58
20 Day Low109.05
52 Week High126.09
52 Week Low84.48
CS1 End111.33
CR1 Start118.82
Volume & EV
DER(3)-1.98%
DER(5)-1.1%
Volume1.11M
Volume Incr-26.79%
Vol(5)1.87M
Vol(50)2.60M