CONSUMER STAPLES SPDR (XLP) Stock Technical Analysis
NYSEARCA:XLP - NYSE Arca - US81369Y3080 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to XLP. XLP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
XLP has an average volume of 12856500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, XLP outperforms 49% of them, which is more or less in line with the market.
XLP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XLP is lagging the market.
In the last month XLP has a been trading in a tight range between 80.13 and 83.19.
XLP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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
75.47
85.10
When analyzing the support we can see 3 important areas.
- Support @80.06 from a trend line in the weekly time frame.
- Support @78.62 from a horizontal line in the daily time frame.
- A support zone ranging from 76.23 to 76.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 80.57 to 84.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for XLP is down. |
| ChartMill Relative Strength | 49.12 | NEUTRAL | XLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XLP is below a declining 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) | 41.4 | NEUTRAL | The RSI value for XLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests XLP has a negative trend. |
| Stochastics (14,3) | 28.04 | NEUTRAL | The Stochastics value for XLP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for XLP suggests low volalility. |
| Average Directional Index/ADX (14) | 8.98 | NEGATIVE | The low ADX value for XLP suggests a weak or negative 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)
80.24
-1.09 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.34%
1 Week-0.36%
2 Weeks-1.86%
1 Month-2.55%
3 Month-0.21%
6 Month1.19%
12 Month4.78%
2 Year8.18%
3 Year11.17%
5 Year36.83%
10 Year68.57%
15 Year214.67%
Volatility
ATR(14)0.79
ATR(20)%1.01%
ATR Inc11.31%
Range Today1.03
ADR(20)0.78
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.12
Mansfield-0.59
10 Day High82.16
10 Day Low80.13
20 Day High83.19
20 Day Low80.13
52 Week High84.53
52 Week Low75.61
CS1 End80.06
CR1 Start80.57
Volume & EV
DER(3)-0.2%
DER(5)-0.65%
Volume12.88M
Volume Incr9.49%
Vol(5)14.22M
Vol(50)12.86M