HEALTH CARE SELECT SECTOR (XLV) Stock Technical Analysis
USA - NYSEARCA:XLV - US81369Y2090 - ETF
142.11 USD
-2.08 (-1.44%)
141.2 USD
-0.91 (-0.64%)
Overall XLV gets a technical rating of 6 out of 10. In the last year, XLV was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, XLV is a bad performer in the overall market: 64% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
XLV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
XLV has an average volume of 13028500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XLV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XLV is lagging the market.
XLV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 139.56, a Stop Loss order could be placed below this zone.
More info and screens
127.47
149.03
When analyzing the support we can see 3 important areas.
- A support zone ranging from 135.79 to 139.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 132.57 to 132.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 128.76 to 130.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @147.55 from a horizontal line in the daily time frame.
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 XLV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLV is up. |
| ChartMill Relative Strength | 36.87 | NEUTRAL | XLV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XLV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XLV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XLV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.07 | NEUTRAL | The RSI value for XLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests XLV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.6 | NEUTRAL | The Stochastics value for XLV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for XLV suggests low volalility. |
| Average Directional Index/ADX (14) | 25.29 | POSITIVE | The high ADX value value for XLV suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 142.58 | 134.73 | 7.86 (5.51%) | 18.15% |
| An entry @142.58. This is a Buy Stop order right above the 10 day moving average. | An exit @134.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.86 points, which is 5.51%. | For a 1.00% total portfolio risk, you can invest 18.15% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
142.11
-2.08 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.44%
1 Week-1.87%
2 Weeks4.88%
1 Month2.9%
3 Month5.12%
6 Month3.83%
12 Month-7.65%
2 Year14.11%
3 Year7.05%
5 Year39.79%
10 Year99.2%
15 Year355.92%
Volatility
ATR(14)1.98
ATR(20)%1.24%
ATR Inc11.17%
Range Today2.8
ADR(20)1.68
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.87
Mansfield-0.69
10 Day High146.14
10 Day Low134.74
20 Day High146.14
20 Day Low133.73
52 Week High155.01
52 Week Low127.35
CS1 End139.56
CR1 Start147.55
Volume & EV
DER(3)-1.77%
DER(5)-0.73%
Volume13.35M
Volume Incr-12.8%
Vol(5)11.06M
Vol(50)13.03M