Taking everything into account, XLV scores 5 out of 10 in our technical rating. In the last year, XLV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- XLV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so XLV is lagging the market slightly.
- XLV has an average volume of 12295200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, XLV outperforms 59% of them, which is more or less in line with the market.
- In the last month XLV has a been trading in a tight range between 153.23 and 159.23.
- Volume is considerably higher in the last couple of days.
XLV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 157.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 157.20, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
132.78
We found 3 important support areas.
- A support zone ranging from 154.00 to 157.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @151.42 from a horizontal line in the daily time frame.
- Support @134.12 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 157.72 to 159.67. 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 | UP | POSITIVE | The long term trend for XLV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XLV is neutral. |
| ChartMill Relative Strength | 59.2 | NEUTRAL | XLV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XLV is above a declining 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) | 55.86 | NEUTRAL | The RSI value for XLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests XLV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.39 | NEUTRAL | The Stochastics value for XLV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for XLV suggests low volalility. |
| Average Directional Index/ADX (14) | 10.68 | NEGATIVE | The low ADX value for XLV suggests a weak or negative trend. |
157.71
+2.87 (+1.85%)
SS HEALTH CARE SELECT SECTOR / XLV FAQ
Can you provide the ChartMill technical rating for SS HEALTH CARE SELECT SECTOR?
ChartMill assigns a technical rating of 5 / 10 to XLV.
Can you provide the trend direction for SS HEALTH CARE SELECT SECTOR?
The current trend direction for SS HEALTH CARE SELECT SECTOR (XLV) is Bullish.
What is the RSI signal for SS HEALTH CARE SELECT SECTOR (XLV) stock?
SS HEALTH CARE SELECT SECTOR (XLV) has an RSI value of 55.8638. This indicates that the stock is currently neutral.
What is the MACD signal for XLV stock?
The MACD indicator for SS HEALTH CARE SELECT SECTOR (XLV) has a value of -0.108896, indicating a bearish trend.
What is the short term momentum for XLV stock?
The short term momentum for SS HEALTH CARE SELECT SECTOR (XLV) is neutral.