INDUSTRIAL SELECT SECT SPDR (XLI) Stock Technical Analysis
NYSEARCA:XLI - NYSE Arca - US81369Y7040 - ETF - Currency: USD
Overall XLI gets a technical rating of 9 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that XLI is one of the better performing stocks in the market, outperforming 75% 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.
XLI has an average volume of 11919600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month XLI has a been trading in a tight range between 148.13 and 155.15.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 149.73, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
119.27
156.55
We found 4 important support areas.
- A support zone ranging from 146.58 to 149.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @143.19 from a horizontal line in the daily time frame.
- Support @123.10 from a trend line in the weekly time frame.
- Support @120.47 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 155.00 to 155.00. 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 XLI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XLI is neutral. |
| ChartMill Relative Strength | 75.94 | POSITIVE | XLI has a high relative strength, it outperformed 75.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XLI is below 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) | 52.61 | NEUTRAL | The RSI value for XLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests XLI has a negative trend. |
| Stochastics (14,3) | 34.57 | NEUTRAL | The Stochastics value for XLI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for XLI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.66 | NEUTRAL | The ADX value for XLI 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)
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 |
|---|---|---|---|
| 152.52 | 148.12 | 4.40 (2.89%) | 25.00% |
| An entry @152.52. This is a Buy Stop order right above the 10 day moving average. | An exit @148.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.40 points, which is 2.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- 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.
150.81
-0.31 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.21%
1 Week-1.27%
2 Weeks-0.14%
1 Month1.31%
3 Month10.8%
6 Month9.82%
12 Month21.35%
2 Year39.34%
3 Year62.28%
5 Year93.82%
10 Year194.03%
15 Year434.98%
Volatility
ATR(14)1.87
ATR(20)%1.15%
ATR Inc-11.69%
Range Today1.82
ADR(20)1.55
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.94
Mansfield0.23
10 Day High155.15
10 Day Low148.13
20 Day High155.15
20 Day Low148.13
52 Week High155.15
52 Week Low112.75
CS1 End149.73
CR1 Start155
Volume & EV
DER(3)-1.57%
DER(5)-0.88%
Volume12.72M
Volume Incr35.69%
Vol(5)14.72M
Vol(50)11.92M