Cushing Energy Supply Chain & MLP ETF (XLSY) Stock Technical Analysis
USA - NYSEARCA:XLSY -
We assign a technical rating of 3 out of 10 to XLSY. XLSY performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
XLSY has a poor technical rating and the quality of the setup is also not perfect 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
21.72
2 important support areas can be observed.
- A support zone ranging from 23.88 to 24.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.94 to 21.96. 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 24.10 to 24.54. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for XLSY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XLSY is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | XLSY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XLSY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of XLSY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XLSY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.36 | NEUTRAL | The RSI value for XLSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests XLSY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.35 | OVERSOLD | The low Stochastics value suggests XLSY may be oversold. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for XLSY suggests low volalility. |
Cushing Energy Supply Chain & MLP ETF
NYSEARCA:XLSY (11/22/2019, 8:00:00 PM)
24.0902
+0.08 (+0.32%)
Cushing Energy Supply Chain & MLP ETF / XLSY FAQ
What is the ChartMill technical rating of Cushing Energy Supply Chain & MLP ETF (XLSY) stock?
ChartMill assigns a technical rating of 3 / 10 to XLSY.
Can you provide the trend direction for Cushing Energy Supply Chain & MLP ETF?
The current trend direction for Cushing Energy Supply Chain & MLP ETF (XLSY) is Bullish.
What is the RSI signal for XLSY stock?
Cushing Energy Supply Chain & MLP ETF (XLSY) has an RSI value of 51.3624. This indicates that the stock is currently neutral.
What is the MACD signal for XLSY stock?
The MACD indicator for Cushing Energy Supply Chain & MLP ETF (XLSY) has a value of -0.0564562, indicating a bearish trend.
What is the short term momentum for Cushing Energy Supply Chain & MLP ETF (XLSY) stock?
The short term momentum for Cushing Energy Supply Chain & MLP ETF (XLSY) is neutral.