SS REAL ESTATE SELECT SECTOR (XLRE) Technical Analysis
NYSEARCA:XLRE • US81369Y8600
Current stock price
XLRE Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to XLRE. XLRE 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.
- In the last month XLRE has a been trading in the 40.41 - 44.07 range, which is quite wide. It is currently trading near the lows of this range.
- XLRE has an average volume of 9666840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, XLRE outperforms 44% of them, which is more or less in line with the market.
- XLRE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so XLRE is lagging the market slightly.
XLRE Weekly and Daily overview Charts
XLRE Setup Rating and Analysis
The technical rating of XLRE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
XLRE Support and Resistance Analysis
38.52
2 important support areas can be observed.
- Support @40.14 from a horizontal line in the daily time frame.
- A support zone ranging from 38.91 to 39.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 40.68 to 40.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.80 to 43.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.85 to 43.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.00 from a horizontal line in the weekly time frame.
XLRE Technical Indicator Signal Analysis
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 XLRE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XLRE is down. |
| ChartMill Relative Strength | 44.26 | NEUTRAL | XLRE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XLRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XLRE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XLRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.92 | OVERSOLD | The low RSI value suggests XLRE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests XLRE has a negative trend. |
| Stochastics (14,3) | 6.04 | OVERSOLD | The low Stochastics value suggests XLRE may be oversold. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for XLRE suggests low volalility. |
| Average Directional Index/ADX (14) | 26.66 | POSITIVE | The high ADX value value for XLRE suggests a strong trend. |
XLRE Chart- and CandleStick Pattern Analysis
XLRE Technicals: Chart, Performance Metrics, Trend & Indicators
40.59
-1.33 (-3.17%)
SS REAL ESTATE SELECT SECTOR / XLRE TA FAQ
What is the technical rating for XLRE stock?
ChartMill assigns a technical rating of 2 / 10 to XLRE.
What is the current trend direction of SS REAL ESTATE SELECT SECTOR (XLRE) stock?
The current trend direction for SS REAL ESTATE SELECT SECTOR (XLRE) is Bearish.
Can you provide the RSI signal for SS REAL ESTATE SELECT SECTOR?
SS REAL ESTATE SELECT SECTOR (XLRE) has an RSI value of 28.9238. This indicates that the stock is currently oversold.
What are the support and resistance levels for SS REAL ESTATE SELECT SECTOR (XLRE) stock?
SS REAL ESTATE SELECT SECTOR (XLRE) has a support level at 40.14 and a resistance level at 40.68. Check the full technical report for our detailed analysis of XLRE support and resistance levels.