FINANCIAL SELECT SECTOR SPDR (XLF) Stock Technical Analysis
NYSEARCA:XLF - US81369Y6059 - ETF
53.99 USD
+0.14 (+0.26%)
54.109 USD
+0.12 (+0.22%)
We assign a technical rating of 8 out of 10 to XLF. Both in the recent history as in the last year, XLF has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, XLF did better than 70% of all other stocks.
A new 52 week high is currently being made by XLF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
XLF has an average volume of 36874000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month XLF has a been trading in a tight range between 51.22 and 54.14.
XLF has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
47.29
54.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 51.34 to 53.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.05 from a horizontal line in the daily time frame.
- Support @47.77 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.00 to 54.00. 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 XLF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLF is up. |
| ChartMill Relative Strength | 70.33 | POSITIVE | XLF has a high relative strength, it outperformed 70.33% off all stocks 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) | UP | POSITIVE | The current price of XLF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XLF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.46 | NEUTRAL | The RSI value for XLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests XLF has a positive trend. |
| Stochastics (14,3) | 94.08 | OVERBOUGHT | The high Stochastics value suggests XLF may be overbought. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for XLF suggests low volalility. |
| Average Directional Index/ADX (14) | 20.55 | NEUTRAL | The ADX value for XLF 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)
53.99
+0.14 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week0.78%
2 Weeks2.92%
1 Month5.04%
3 Month5.95%
6 Month3.47%
12 Month18.04%
2 Year57.04%
3 Year63.36%
5 Year115.44%
10 Year183.43%
15 Year390.09%
Volatility
ATR(14)0.5
ATR(20)%0.98%
ATR Inc-47.82%
Range Today0.34
ADR(20)0.49
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.33
Mansfield-0.05
10 Day High54.14
10 Day Low52.29
20 Day High54.14
20 Day Low51.22
52 Week High54.14
52 Week Low42.21
CS1 End53.28
CR1 Start54
Volume & EV
DER(3)-2.07%
DER(5)-0.68%
Volume36.06M
Volume Incr-17.27%
Vol(5)31.42M
Vol(50)36.87M