Taking everything into account, XLC scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, XLC is only an average performer.
XLC has an excellent technical rating and also presents 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 118.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 117.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for XLC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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90.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 109.73 to 117.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 118.73 to 119.41. 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 | UP | POSITIVE | The long term trend for XLC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLC is up. |
| ChartMill Relative Strength | 75.78 | POSITIVE | XLC has a high relative strength, it outperformed 75.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XLC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XLC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XLC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.45 | NEUTRAL | The RSI value for XLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests XLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.78 | OVERBOUGHT | The high Stochastics value suggests XLC may be overbought. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for XLC suggests low volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for XLC suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 119.42 | 115.71 | 3.71 (3.10%) | 25.00% |
| An entry @119.42. This is a Buy Stop order right above the resistance zone. | An exit @115.71. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.71 points, which is 3.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.78%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
117.72
-0.57 (-0.48%)
SS COMM SELECT SECTOR SPDR / XLC FAQ
Can you provide the ChartMill technical rating for SS COMM SELECT SECTOR SPDR?
ChartMill assigns a technical rating of 7 / 10 to XLC.
What is the trend direction for XLC stock?
The current trend direction for SS COMM SELECT SECTOR SPDR (XLC) is Bullish.
What is the RSI signal for SS COMM SELECT SECTOR SPDR (XLC) stock?
SS COMM SELECT SECTOR SPDR (XLC) has an RSI value of 60.4528. This indicates that the stock is currently neutral.
What is the MACD signal for XLC stock?
The MACD indicator for SS COMM SELECT SECTOR SPDR (XLC) has a value of 0.0723716, indicating a bearish trend.
What is the buy/sell signal for SS COMM SELECT SECTOR SPDR (XLC) stock?
The buy/sell signal for SS COMM SELECT SECTOR SPDR (XLC) is buy as both the short term and long term trends are positive.