SS INDUSTRIAL SELECT SECTOR (XLI) Technical Analysis
NYSEARCA:XLI • US81369Y7040
Current stock price
XLI Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to XLI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XLI is showing a nice and steady performance.
- 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 73% of all stocks. On top of that, XLI also shows a nice and consistent pattern of rising prices.
- XLI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so XLI is lagging the market slightly.
- In the last month XLI has a been trading in the 156.08 - 175.13 range, which is quite wide. It is currently trading near the high of this range.
- XLI has an average volume of 13258900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XLI Weekly and Daily overview Charts
XLI Setup Rating and Analysis
XLI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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.
More info and screens
XLI Support and Resistance Analysis
119.94
6 important support areas can be observed.
- A support zone ranging from 167.56 to 169.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @162.44 from a trend line in the weekly time frame.
- Support @158.22 from a trend line in the daily time frame.
- A support zone ranging from 153.53 to 154.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 147.82 to 149.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @121.15 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 177.24 to 178.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
XLI 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 | 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 | 73.27 | POSITIVE | XLI has a high relative strength, it outperformed 73.27% 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) | DOWN | MIXED | The current price of XLI is above a declining 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) | 54.38 | NEUTRAL | The RSI value for XLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests XLI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.06 | NEUTRAL | The Stochastics value for XLI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for XLI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for XLI suggests a weak or negative trend. |
XLI Chart- and CandleStick Pattern Analysis
XLI Example Setup
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 |
|---|---|---|---|
| 175.14 | 169.51 | 5.63 (3.21%) | 25.00% |
| An entry @175.14. This is a Buy Stop order right above the 10 day high. | An exit @169.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.63 points, which is 3.21%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- 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.
XLI Technicals: Chart, Performance Metrics, Trend & Indicators
171.04
-0.4 (-0.23%)
SS INDUSTRIAL SELECT SECTOR / XLI TA FAQ
What is the technical rating for XLI stock?
ChartMill assigns a technical rating of 8 / 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 XLI stock?
SS INDUSTRIAL SELECT SECTOR (XLI) has an RSI value of 54.3845. This indicates that the stock is currently neutral.
What is the MACD signal for SS INDUSTRIAL SELECT SECTOR (XLI) stock?
The MACD indicator for SS INDUSTRIAL SELECT SECTOR (XLI) has a value of 0.581851, indicating a bearish trend.
What is the short term momentum for SS INDUSTRIAL SELECT SECTOR (XLI) stock?
The short term momentum for SS INDUSTRIAL SELECT SECTOR (XLI) is positive.