ENERGY SELECT SECTOR SPDR (XLE) Stock Technical Analysis
USA - NYSEARCA:XLE - US81369Y5069 - ETF
85.22 USD
-2.54 (-2.89%)
85.31 USD
+0.09 (+0.11%)
Taking everything into account, XLE scores 1 out of 10 in our technical rating. XLE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, XLE is a bad performer in the overall market: 75% of all stocks are doing better.
In the last month XLE has a been trading in the 85.19 - 92.91 range, which is quite wide. It is currently trading near the lows of this range.
XLE has an average volume of 15125000 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.
The technical rating of XLE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
77.97
99.06
We found 3 important support areas.
- Support @84.54 from a horizontal line in the daily time frame.
- 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.
- Resistance @86.04 from a trend line in the daily time frame.
- A resistance zone ranging from 87.71 to 90.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @93.96 from a horizontal line in the daily time frame.
- 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 | 25.82 | NEGATIVE | XLE has a low relative strength, it was outperformed by 74.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XLE is below 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) | UP | MIXED | The current price of XLE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.97 | NEUTRAL | The RSI value for XLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests XLE has a negative trend. |
| Stochastics (14,3) | 14.55 | OVERSOLD | The low Stochastics value suggests XLE may be oversold. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for XLE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.58 | 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)
85.22
-2.54 (-2.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.89%
1 Week-4.15%
2 Weeks-7.36%
1 Month-3.81%
3 Month-4.39%
6 Month8.02%
12 Month-8.18%
2 Year0.04%
3 Year-5.31%
5 Year196.73%
10 Year25.27%
15 Year43.86%
Volatility
ATR(14)1.66
ATR(20)%1.84%
ATR Inc58.35%
Range Today2.36
ADR(20)1.39
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.82
Mansfield-1.09
10 Day High91.48
10 Day Low85.19
20 Day High92.91
20 Day Low85.19
52 Week High97.92
52 Week Low74.49
CS1 End84.54
CR1 Start86.04
Volume & EV
DER(3)-4.32%
DER(5)-3.52%
Volume22.45M
Volume Incr-14.44%
Vol(5)13.51M
Vol(50)15.13M