ENERGY SELECT SECTOR SPDR (XLE)

US81369Y5069 - ETF

94.41  +1.01 (+1.08%)

After market: 94.34 -0.07 (-0.07%)

Technical Rating and Analysis

8

Taking everything into account, XLE scores 8 out of 10 in our technical rating. Although XLE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
XLE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month XLE has a been trading in the 85.97 - 94.58 range, which is quite wide. It is currently trading near the high of this range.
XLE has an average volume of 16117800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, XLE turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
Weekly and Daily overview Charts
XLE Weekly chart
XLE Daily chart
Setup Rating and Analysis

3

Although XLE has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

77.73

95.36

4 important support areas can be observed.

  • A support zone ranging from 86.54 to 88.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 83.30 to 83.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 81.29 to 81.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @78.52 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 94.42 to 94.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.96
Mansfield-0.45
10 Day High94.58
10 Day Low90.43
20 Day High94.58
20 Day Low85.97
52 Week High94.58
52 Week Low76.25
Performance
1 Week1.95%
2 Weeks3.42%
1 Month9.6%
3 Month12.61%
6 Month4.45%
12 Month13.98%
2 Year23.51%
3 Year92.44%
5 Year42.79%
10 Year6.01%
15 Year122.35%
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)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)76.25
LBB88.79
UBB94.81
XLE Daily chart

ENERGY SELECT SECTOR SPDR

NYSEARCA:XLE (3/28/2024, 8:04:00 PM)

After market: 94.34 -0.07 (-0.07%)

94.41

+1.01 (+1.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.08%
1 Week1.95%
2 Weeks3.42%
1 Month9.6%
3 Month12.61%
6 Month4.45%
12 Month13.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.17
ATR(20)%1.24%
ATR Inc
Range Today1.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High94.58
10 Day Low90.43
20 Day High94.58
20 Day Low85.97
52 Week High94.58
52 Week Low76.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume17.31M
Volume Incr6.14%
Vol(5)15.70M
Vol(50)16.12M