COMM SERV SELECT SECTOR SPDR (XLC) Stock Technical Analysis
NYSEARCA:XLC - NYSE Arca - US81369Y8527 - ETF - Currency: USD
Taking everything into account, XLC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, XLC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that XLC is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by XLC over the past year are nicely spread over this period.
XLC 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 XLC is performing more or less in line with the market.
XLC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
XLC has an average volume of 5444810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although XLC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
82.93
106.36
4 important support areas can be observed.
- A support zone ranging from 97.85 to 101.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.80 from a trend line in the weekly time frame.
- Support @87.23 from a horizontal line in the weekly time frame.
- Support @83.77 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @103.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 105.31 to 105.31. 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 | 80.47 | POSITIVE | XLC has a high relative strength, it outperformed 80.47% 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) | 65.82 | NEUTRAL | The RSI value for XLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests XLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.5 | NEUTRAL | The Stochastics value for XLC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for XLC suggests low volalility. |
| Average Directional Index/ADX (14) | 20.99 | NEUTRAL | The ADX value for XLC suggests a possible start of a new 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)
101.82
+1.63 (+1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.63%
1 Week-0.06%
2 Weeks2.64%
1 Month7.5%
3 Month-0.18%
6 Month3.48%
12 Month22.29%
2 Year63.59%
3 Year69.19%
5 Year88.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%1.44%
ATR Inc3.66%
Range Today1.13
ADR(20)1.34
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.47
Mansfield0.52
10 Day High102.47
10 Day Low99.19
20 Day High102.47
20 Day Low93.14
52 Week High105.58
52 Week Low81.15
CS1 End101.08
CR1 Start103.52
Volume & EV
DER(3)0.52%
DER(5)-0.01%
Volume3.60M
Volume Incr4.2%
Vol(5)3.95M
Vol(50)5.44M