TSX:XLB - Toronto Stock Exchange - CA46430M1041 - ETF - Currency: CAD
Taking everything into account, XLB scores 2 out of 10 in our technical rating. XLB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
XLB 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 a resistance zone just above the current price starting at 19.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.09, a Stop Loss order could be placed below this zone.
18.55
We found 1 important support area.
We can see 2 important resistance areas.
TSX:XLB (5/9/2025, 7:00:00 PM)
19.14
+0.11 (+0.58%)