CONSUMER STAPLES SPDR (XLP) Stock Technical Analysis
NYSEARCA:XLP - NYSE Arca - US81369Y3080 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to XLP. In the last year, XLP was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, XLP did better than 75% of all other stocks.
XLP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
XLP has an average volume of 16533700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XLP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, XLP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 82.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 81.37, a Stop Loss order could be placed below this zone.
More info and screens
75.34
85.10
When analyzing the support we can see 3 important areas.
- A support zone ranging from 80.62 to 81.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 78.97 to 79.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 76.10 to 77.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 82.19 to 84.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.37
Mansfield0.22
10 Day High82.71
10 Day Low79.79
20 Day High82.71
20 Day Low75.61
52 Week High84.53
52 Week Low75.61
Performance
1 Week1.14%
2 Weeks0.49%
1 Month3.86%
3 Month2.7%
6 Month0.83%
12 Month4.99%
2 Year12.14%
3 Year9.43%
5 Year37.58%
10 Year67.02%
15 Year209.26%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)53.19
LBB80.2
UBB82.35
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 |
|---|---|---|---|
| 82.72 | 80.61 | 2.11 (2.55%) | 25.00% |
| An entry @82.72. This is a Buy Stop order right above the 10 day high. | An exit @80.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.11 points, which is 2.55%. | For a 0.64% 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.
81.49
-0.07 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week1.14%
2 Weeks0.49%
1 Month3.86%
3 Month2.7%
6 Month0.83%
12 Month4.99%
2 Year12.14%
3 Year9.43%
5 Year37.58%
10 Year67.02%
15 Year209.26%
Volatility
ATR(14)1.34
ATR(20)%2.17%
ATR Inc-52.89%
Range Today0.68
ADR(20)1.71
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.37
Mansfield0.22
10 Day High82.71
10 Day Low79.79
20 Day High82.71
20 Day Low75.61
52 Week High84.53
52 Week Low75.61
CS1 End81.37
CR1 Start82.19
Volume & EV
DER(3)-2.86%
DER(5)-2.54%
Volume10.24M
Volume Incr-37.6%
Vol(5)11.79M
Vol(50)16.53M