CONSUMER STAPLES SPDR (XLP) Stock Technical Analysis
USA - NYSEARCA:XLP - US81369Y3080 - ETF
78.11 USD
+0.15 (+0.19%)
78.1 USD
-0.01 (-0.01%)
Overall XLP gets a technical rating of 0 out of 10. XLP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
76% of all other stocks performed better in the past year than XLP.
XLP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
XLP has an average volume of 15094600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month XLP has a been trading in a tight range between 77.48 and 81.28.
XLP has a poor technical rating and the quality of the setup is also 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
75.47
85.10
We found 1 important support area.
- 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 can see 2 important resistance areas.
- A resistance zone ranging from 78.76 to 82.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 83.60 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 | DOWN | NEGATIVE | The long term trend for XLP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XLP is down. |
| ChartMill Relative Strength | 24.83 | NEGATIVE | XLP has a low relative strength, it was outperformed by 75.17% off all stocks 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) | 36.86 | NEUTRAL | The RSI value for XLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests XLP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.39 | OVERSOLD | The low Stochastics value suggests XLP may be oversold. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for XLP suggests low volalility. |
| Average Directional Index/ADX (14) | 20 | 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)
78.11
+0.15 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.19%
1 Week0.19%
2 Weeks-1.62%
1 Month-3.31%
3 Month-4.95%
6 Month-0.45%
12 Month-4.12%
2 Year13.52%
3 Year17.05%
5 Year21.86%
10 Year65.52%
15 Year180.17%
Volatility
ATR(14)0.82
ATR(20)%1.02%
ATR Inc-35.42%
Range Today0.55
ADR(20)0.72
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.83
Mansfield-1.29
10 Day High80.74
10 Day Low77.49
20 Day High81.28
20 Day Low77.49
52 Week High84.35
52 Week Low75.61
CS1 End76.58
CR1 Start78.76
Volume & EV
DER(3)-2.23%
DER(5)-0.84%
Volume11.49M
Volume Incr-27.43%
Vol(5)11.05M
Vol(50)15.09M