CONSUMER STAPLES SPDR (XLP) Stock Technical Analysis
USA - NYSEARCA:XLP - US81369Y3080 - ETF
Taking everything into account, XLP scores 2 out of 10 in our technical rating. 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.
XLP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 78.60, a Stop Loss order could be placed below this zone.
More info and screens
75.47
We found 2 important support areas.
- A support zone ranging from 78.20 to 78.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 3 important resistance areas.
- A resistance zone ranging from 79.17 to 80.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 81.83 to 82.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for XLP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XLP is neutral. |
| ChartMill Relative Strength | 27.84 | NEGATIVE | XLP has a low relative strength, it was outperformed by 72.16% off all stocks 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) | DOWN | NEGATIVE | The current price of XLP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of XLP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.3 | NEUTRAL | The RSI value for XLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests XLP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.28 | NEUTRAL | The Stochastics value for XLP is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for XLP suggests low volalility. |
| Average Directional Index/ADX (14) | 13.61 | NEGATIVE | The low ADX value for XLP suggests a weak or negative trend. |
79.09
-0.26 (-0.33%)
CONSUMER STAPLES SPDR / XLP FAQ
What is the ChartMill technical rating of CONSUMER STAPLES SPDR (XLP) stock?
ChartMill assigns a technical rating of 2 / 10 to XLP.
Can you provide the trend direction for CONSUMER STAPLES SPDR?
The current trend direction for CONSUMER STAPLES SPDR (XLP) is Bearish.
What is the RSI signal for CONSUMER STAPLES SPDR (XLP) stock?
CONSUMER STAPLES SPDR (XLP) has an RSI value of 50.2977. This indicates that the stock is currently neutral.
What is the MACD signal for XLP stock?
The MACD indicator for CONSUMER STAPLES SPDR (XLP) has a value of 0.193273, indicating a bearish trend.
What is the short term momentum for XLP stock?
The short term momentum for CONSUMER STAPLES SPDR (XLP) is neutral.