We assign a technical rating of 1 out of 10 to XLU. XLU 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.
XLU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 42.62, a Stop Loss order could be placed below this zone.
36.89
We found 4 important support areas.
When analyzing the resistance we notice 3 important areas.
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 XLU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XLU is down. |
| ChartMill Relative Strength | 57.67 | NEUTRAL | XLU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XLU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XLU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XLU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.88 | NEUTRAL | The RSI value for XLU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests XLU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.23 | NEUTRAL | The Stochastics value for XLU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for XLU suggests low volalility. |
| Average Directional Index/ADX (14) | 26.1 | POSITIVE | The high ADX value value for XLU suggests a strong trend. |
42.62
+0.15 (+0.35%)
ChartMill assigns a technical rating of 1 / 10 to XLU.
The current trend direction for ST SR UTL SL SE SPDR ETF-USD (XLU) is Bearish.
ST SR UTL SL SE SPDR ETF-USD (XLU) has an RSI value of 38.882. This indicates that the stock is currently neutral.
The short term momentum for ST SR UTL SL SE SPDR ETF-USD (XLU) is negative.
The buy/sell signal for ST SR UTL SL SE SPDR ETF-USD (XLU) is sell as both the short term and long term trends are negative.