Taking everything into account, XLRE scores 0 out of 10 in our technical rating. XLRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
XLRE 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
38.52
We found 1 important support area.
- Support @38.91 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 40.37 to 41.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.01 to 42.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.15 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 45.22 to 45.37. 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 XLRE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XLRE is down. |
| ChartMill Relative Strength | 32.46 | 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) | DOWN | NEGATIVE | The current price of XLRE is below a declining 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) | 38.02 | NEUTRAL | The RSI value for XLRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests XLRE has a negative trend. |
| Stochastics (14,3) | 12.23 | OVERSOLD | The low Stochastics value suggests XLRE may be oversold. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for XLRE suggests low volalility. |
| Average Directional Index/ADX (14) | 16.65 | NEGATIVE | The low ADX value for XLRE suggests a weak or negative trend. |
40.19
-0.14 (-0.35%)
SS REAL ESTATE SELECT SECTOR / XLRE FAQ
What is the ChartMill technical rating of SS REAL ESTATE SELECT SECTOR (XLRE) stock?
ChartMill assigns a technical rating of 0 / 10 to XLRE.
Can you provide the trend direction for SS REAL ESTATE SELECT SECTOR?
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 38.0164. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SS REAL ESTATE SELECT SECTOR?
The short term momentum for SS REAL ESTATE SELECT SECTOR (XLRE) is negative.
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 38.91 and a resistance level at 40.37. Check the full technical report for our detailed analysis of XLRE support and resistance levels.