We assign a technical rating of 8 out of 10 to XLI. 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.
Besides having an excellent technical rating, XLI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 157.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 156.30, a Stop Loss order could be placed below this zone.
More info and screens
119.27
We found 3 important support areas.
- A support zone ranging from 152.43 to 156.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 147.82 to 149.90. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 157.51 to 157.74. 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 | 71.67 | POSITIVE | XLI has a high relative strength, it outperformed 71.67% 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) | 59.77 | NEUTRAL | The RSI value for XLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests XLI has a positive trend. |
| Stochastics (14,3) | 76.68 | NEUTRAL | The Stochastics value for XLI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for XLI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.56 | NEGATIVE | The low ADX value for XLI suggests a weak or negative 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 |
|---|---|---|---|
| 157.75 | 153.36 | 4.39 (2.79%) | 25.00% |
| An entry @157.75. This is a Buy Stop order right above the resistance zone. | An exit @153.36. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.39 points, which is 2.79%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
157.5
+0.51 (+0.32%)
SS INDUSTRIAL SELECT SECTOR / XLI FAQ
What is the technical rating for XLI stock?
ChartMill assigns a technical rating of 8 / 10 to XLI.
What is the trend direction for XLI stock?
The current trend direction for SS INDUSTRIAL SELECT SECTOR (XLI) is Bullish.
Can you provide the RSI signal for SS INDUSTRIAL SELECT SECTOR?
SS INDUSTRIAL SELECT SECTOR (XLI) has an RSI value of 59.7734. 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 0.201787, indicating a bearish trend.
Can you provide the buy/sell signal for SS INDUSTRIAL SELECT SECTOR?
The buy/sell signal for SS INDUSTRIAL SELECT SECTOR (XLI) is buy as both the short term and long term trends are positive.