COMM SERV SELECT SECTOR SPDR (XLC) Stock Technical Analysis
NYSEARCA:XLC - NYSE Arca - US81369Y8527 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to XLC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XLC 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, XLC did better than 81% of all other stocks. On top of that, XLC also shows a nice and consistent pattern of rising prices.
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 5464470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XLC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 101.24, a Stop Loss order could be placed below this zone.
More info and screens
82.93
106.36
When analyzing the support we can see 4 important areas.
- A support zone ranging from 99.41 to 101.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
When analyzing the resistance we notice 2 important areas.
- 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 | 81.61 | POSITIVE | XLC has a high relative strength, it outperformed 81.61% 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) | 65.7 | NEUTRAL | The RSI value for XLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests XLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.11 | NEUTRAL | The Stochastics value for XLC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for XLC suggests low volalility. |
| Average Directional Index/ADX (14) | 21.32 | 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)
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 |
|---|---|---|---|
| 103.53 | 99.59 | 3.94 (3.81%) | 25.00% |
| An entry @103.53. This is a Buy Stop order right above the resistance zone. | An exit @99.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.94 points, which is 3.81%. | For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
101.8
-0.02 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week0.17%
2 Weeks1.63%
1 Month6.7%
3 Month-0.2%
6 Month3.46%
12 Month22.27%
2 Year63.56%
3 Year69.16%
5 Year88.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%1.41%
ATR Inc-5.93%
Range Today0.68
ADR(20)1.31
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.61
Mansfield0.58
10 Day High102.47
10 Day Low99.6
20 Day High102.47
20 Day Low93.14
52 Week High105.58
52 Week Low81.15
CS1 End101.24
CR1 Start103.52
Volume & EV
DER(3)0.83%
DER(5)-0.98%
Volume4.01M
Volume Incr14.16%
Vol(5)4.24M
Vol(50)5.46M