Taking everything into account, XLP scores 4 out of 10 in our technical rating. In the past year, XLP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
XLP has an average technical rating and also 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
74.84
We found 1 important support area.
- A support zone ranging from 75.60 to 79.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @79.74 from a horizontal line in the daily time frame.
- Strong resistance @82.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 83.93 to 84.26. 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 | NEUTRAL | NEUTRAL | The long term trend for XLP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLP is up. |
| ChartMill Relative Strength | 35.29 | NEUTRAL | XLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XLP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XLP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.74 | NEUTRAL | The RSI value for XLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests XLP has a positive trend. |
| Stochastics (14,3) | 73.4 | NEUTRAL | The Stochastics value for XLP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for XLP suggests low volalility. |
| Average Directional Index/ADX (14) | 12.94 | NEGATIVE | The low ADX value for XLP suggests a weak or negative trend. |
79.42
+0.62 (+0.79%)
SS CONSUMER STAPLES SEL SECT / XLP FAQ
What is the ChartMill technical rating of SS CONSUMER STAPLES SEL SECT (XLP) stock?
ChartMill assigns a technical rating of 4 / 10 to XLP.
Can you provide the trend direction for SS CONSUMER STAPLES SEL SECT?
The current trend direction for SS CONSUMER STAPLES SEL SECT (XLP) is Bearish.
What is the RSI signal for SS CONSUMER STAPLES SEL SECT (XLP) stock?
SS CONSUMER STAPLES SEL SECT (XLP) has an RSI value of 60.7377. This indicates that the stock is currently neutral.
What is the MACD signal for XLP stock?
The MACD indicator for SS CONSUMER STAPLES SEL SECT (XLP) has a value of 0.0961069, indicating a bearish trend.
What is the short term momentum for XLP stock?
The short term momentum for SS CONSUMER STAPLES SEL SECT (XLP) is positive.