ENERGY SELECT SECTOR SPDR (XLE) Stock Technical Analysis
USA - NYSEARCA:XLE - US81369Y5069 - ETF
87.42 USD
+0.23 (+0.26%)
87.65 USD
+0.23 (+0.26%)
Overall XLE gets a technical rating of 1 out of 10. XLE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
65% of all other stocks performed better in the past year than XLE.
In the last month XLE has a been trading in the 84.70 - 89.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
XLE has an average volume of 14478000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
XLE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XLE is lagging the market.
Although the technical rating is bad, XLE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 87.19, a Stop Loss order could be placed below this zone.
More info and screens
77.97
99.06
3 important support areas can be observed.
- A support zone ranging from 84.54 to 87.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @80.17 from a horizontal line in the weekly time frame.
- Support @78.76 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 87.60 to 88.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 90.52 to 91.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 92.86 to 93.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 97.27 to 98.08. 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 | NEUTRAL | NEUTRAL | The long term trend for XLE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XLE is neutral. |
| ChartMill Relative Strength | 35.39 | NEUTRAL | XLE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XLE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XLE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of XLE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.99 | NEUTRAL | The RSI value for XLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests XLE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.36 | NEUTRAL | The Stochastics value for XLE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for XLE suggests low volalility. |
| Average Directional Index/ADX (14) | 10.95 | NEGATIVE | The low ADX value for XLE suggests a weak or negative 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)
87.42
+0.23 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week-0.67%
2 Weeks-0.43%
1 Month-1.74%
3 Month2.93%
6 Month6.05%
12 Month-6.75%
2 Year3.36%
3 Year-4.09%
5 Year137.81%
10 Year28.52%
15 Year39.4%
Volatility
ATR(14)1.26
ATR(20)%1.68%
ATR Inc17.47%
Range Today1.31
ADR(20)1.36
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.39
3 months CRS53.49
6 months CRS48.18
Mansfield-1.08
10 Day High89.56
10 Day Low86.37
20 Day High89.92
20 Day Low84.7
52 Week High97.92
52 Week Low74.49
CS1 End87.19
CR1 Start87.6
Volume & EV
DER(3)-0.5%
DER(5)-0.33%
Volume11.93M
Volume Incr-8.37%
Vol(5)12.32M
Vol(50)14.48M
ENERGY SELECT SECTOR SPDR / XLE FAQ
What is the technical rating for XLE stock?
ChartMill assigns a technical rating of 1 / 10 to XLE.
What is the trend direction for XLE stock?
The current trend direction for ENERGY SELECT SECTOR SPDR (XLE) is Bearish.
What is the RSI signal for XLE stock?
ENERGY SELECT SECTOR SPDR (XLE) has an RSI value of 47.9864. This indicates that the stock is currently neutral.
What is the short term momentum for ENERGY SELECT SECTOR SPDR (XLE) stock?
The short term momentum for ENERGY SELECT SECTOR SPDR (XLE) is neutral.