SS INDUSTRIAL SELECT SECTOR (XLI) Stock Technical Analysis
NYSEARCA:XLI • US81369Y7040
Overall XLI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, XLI 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.
- When comparing the yearly performance of all stocks, we notice that XLI is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by XLI over the past year are nicely spread over this period.
- XLI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month XLI has a been trading in the 163.52 - 178.22 range, which is quite wide. It is currently trading near the high of this range.
- XLI has an average volume of 10897700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XLI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 177.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 175.29, a Stop Loss order could be placed below this zone.
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119.27
5 important support areas can be observed.
- A support zone ranging from 172.17 to 175.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 163.07 to 168.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 154.99 to 155.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 149.62 to 149.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @120.47 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 177.24 to 177.24. 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 XLI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLI is up. |
| ChartMill Relative Strength | 78.88 | POSITIVE | XLI has a high relative strength, it outperformed 78.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XLI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XLI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XLI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.42 | NEUTRAL | The RSI value for XLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests XLI has a negative trend. |
| Stochastics (14,3) | 78.05 | NEUTRAL | The Stochastics value for XLI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for XLI suggests low volalility. |
| Average Directional Index/ADX (14) | 45.86 | POSITIVE | The high ADX value value for XLI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 177.25 | 172.44 | 4.81 (2.71%) | 25.00% |
| An entry @177.25. This is a Buy Stop order right above the resistance zone. | An exit @172.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.81 points, which is 2.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
175.6
-1.38 (-0.78%)
SS INDUSTRIAL SELECT SECTOR / XLI FAQ
What is the technical rating for XLI stock?
ChartMill assigns a technical rating of 10 / 10 to XLI.
What is the current trend direction of SS INDUSTRIAL SELECT SECTOR (XLI) stock?
The current trend direction for SS INDUSTRIAL SELECT SECTOR (XLI) is Bullish.
What is the RSI signal for SS INDUSTRIAL SELECT SECTOR (XLI) stock?
SS INDUSTRIAL SELECT SECTOR (XLI) has an RSI value of 63.4165. This indicates that the stock is currently neutral.
What is the short term momentum for XLI stock?
The short term momentum for SS INDUSTRIAL SELECT SECTOR (XLI) is positive.
What is the buy/sell signal for XLI stock?
The buy/sell signal for SS INDUSTRIAL SELECT SECTOR (XLI) is buy as both the short term and long term trends are positive.