SS FINANCIAL SELECT SECTOR (XLF) Technical Analysis
NYSEARCA:XLF • US81369Y6059
Current stock price
XLF Technical Rating and Analysis
Overall XLF gets a technical rating of 3 out of 10. In the past year, XLF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, XLF is a bad performer in the overall market: 61% of all stocks are doing better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- XLF 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- XLF has an average volume of 50613200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- XLF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XLF is lagging the market.
XLF Weekly and Daily overview Charts
XLF Setup Rating and Analysis
XLF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 51.66, a Stop Loss order could be placed below this zone.
More info and screens
XLF Support and Resistance Analysis
47.32
2 important support areas can be observed.
- A support zone ranging from 50.68 to 51.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.80 to 48.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 52.00 to 53.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 55.74 to 56.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
XLF Technical Indicator Signal Analysis
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 XLF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLF is up. |
| ChartMill Relative Strength | 39.52 | NEUTRAL | XLF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XLF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of XLF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XLF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.65 | NEUTRAL | The RSI value for XLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests XLF has a negative trend. |
| Stochastics (14,3) | 50.69 | NEUTRAL | The Stochastics value for XLF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for XLF suggests low volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for XLF suggests a possible start of a new trend. |
XLF Chart- and CandleStick Pattern Analysis
XLF Technicals: Chart, Performance Metrics, Trend & Indicators
51.92
-0.21 (-0.4%)
SS FINANCIAL SELECT SECTOR / XLF TA FAQ
What is the ChartMill technical rating of SS FINANCIAL SELECT SECTOR (XLF) stock?
ChartMill assigns a technical rating of 3 / 10 to XLF.
What is the current trend direction of SS FINANCIAL SELECT SECTOR (XLF) stock?
The current trend direction for SS FINANCIAL SELECT SECTOR (XLF) is Bearish.
Can you provide the RSI signal for SS FINANCIAL SELECT SECTOR?
SS FINANCIAL SELECT SECTOR (XLF) has an RSI value of 56.6531. This indicates that the stock is currently neutral.
What is the MACD signal for SS FINANCIAL SELECT SECTOR (XLF) stock?
The MACD indicator for SS FINANCIAL SELECT SECTOR (XLF) has a value of -0.0096781, indicating a bearish trend.
What are the support and resistance levels for SS FINANCIAL SELECT SECTOR (XLF) stock?
SS FINANCIAL SELECT SECTOR (XLF) has a support level at 51.66 and a resistance level at 52. Check the full technical report for our detailed analysis of XLF support and resistance levels.