SS MATERIALS SELECT SECTOR (XLB) Technical Analysis
NYSEARCA:XLB • US81369Y1001
Current stock price
XLB Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to XLB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XLB is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, XLB did better than 70% of all other stocks. On top of that, XLB also shows a nice and consistent pattern of rising prices.
- XLB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so XLB is performing more or less in line with the market.
- In the last month XLB has a been trading in the 46.73 - 50.92 range, which is quite wide. It is currently trading near the high of this range.
- XLB has an average volume of 18511500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XLB Weekly and Daily overview Charts
XLB Setup Rating and Analysis
XLB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
XLB Support and Resistance Analysis
42.40
5 important support areas can be observed.
- A support zone ranging from 49.21 to 49.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.97 to 47.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.82 from a trend line in the weekly time frame.
- Support @44.57 from a horizontal line in the daily time frame.
- A support zone ranging from 42.83 to 43.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 53.42 to 53.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
XLB Technical Indicator Signal Analysis
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 XLB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLB is up. |
| ChartMill Relative Strength | 70.42 | POSITIVE | XLB has a high relative strength, it outperformed 70.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XLB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XLB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XLB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.35 | NEUTRAL | The RSI value for XLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests XLB has a positive trend. |
| Stochastics (14,3) | 88.68 | OVERBOUGHT | The high Stochastics value suggests XLB may be overbought. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for XLB suggests low volalility. |
| Average Directional Index/ADX (14) | 24.94 | NEUTRAL | The ADX value for XLB suggests a possible start of a new trend. |
XLB Chart- and CandleStick Pattern Analysis
XLB Technicals: Chart, Performance Metrics, Trend & Indicators
50.22
-0.19 (-0.38%)
SS MATERIALS SELECT SECTOR / XLB TA FAQ
What is the ChartMill technical rating of SS MATERIALS SELECT SECTOR (XLB) stock?
ChartMill assigns a technical rating of 9 / 10 to XLB.
What is the current trend direction of SS MATERIALS SELECT SECTOR (XLB) stock?
The current trend direction for SS MATERIALS SELECT SECTOR (XLB) is Bullish.
What is the RSI signal for SS MATERIALS SELECT SECTOR (XLB) stock?
SS MATERIALS SELECT SECTOR (XLB) has an RSI value of 53.3466. This indicates that the stock is currently neutral.
What is the MACD signal for SS MATERIALS SELECT SECTOR (XLB) stock?
The MACD indicator for SS MATERIALS SELECT SECTOR (XLB) has a value of 0.26273, indicating a bearish trend.
What is the buy/sell signal for XLB stock?
The buy/sell signal for SS MATERIALS SELECT SECTOR (XLB) is buy as both the short term and long term trends are positive.