Taking everything into account, XLV scores 8 out of 10 in our technical rating. Although XLV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
XLV has an excellent technical rating, but the quality of the setup is 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.
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127.48
We found 4 important support areas.
- A support zone ranging from 152.00 to 153.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 141.21 to 143.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 132.57 to 136.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 128.77 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.
- A resistance zone ranging from 157.66 to 158.78. 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 | UP | POSITIVE | The short term trend for XLV is up. |
| ChartMill Relative Strength | 74.94 | POSITIVE | XLV has a high relative strength, it outperformed 74.94% off all stocks 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) | 61.11 | NEUTRAL | The RSI value for XLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests XLV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.39 | NEUTRAL | The Stochastics value for XLV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for XLV suggests low volalility. |
| Average Directional Index/ADX (14) | 39.52 | POSITIVE | The high ADX value value for XLV suggests a strong trend. |
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 |
|---|---|---|---|
| 155.03 | 151.99 | 3.04 (1.96%) | 25.00% |
| An entry @155.03. This is a Buy Stop order right above the 10 day moving average. | An exit @151.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.04 points, which is 1.96%. | For a 0.49% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of XLV. Please evaluate whether better entry and exit points can be found.
- 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.
154.36
-0.93 (-0.6%)
STATE STREET HEALTH CARE SEL / XLV FAQ
Can you provide the ChartMill technical rating for STATE STREET HEALTH CARE SEL?
ChartMill assigns a technical rating of 8 / 10 to XLV.
What is the trend direction for XLV stock?
The current trend direction for STATE STREET HEALTH CARE SEL (XLV) is Bullish.
What is the RSI signal for STATE STREET HEALTH CARE SEL (XLV) stock?
STATE STREET HEALTH CARE SEL (XLV) has an RSI value of 61.106. This indicates that the stock is currently neutral.
Can you provide the MACD signal for STATE STREET HEALTH CARE SEL?
The MACD indicator for STATE STREET HEALTH CARE SEL (XLV) has a value of 0.068922, indicating a bearish trend.
What is the support and resistance level for XLV stock?
STATE STREET HEALTH CARE SEL (XLV) has a support level at 153.42 and a resistance level at 157.66. Check the full technical report for our detailed analysis of XLV support and resistance levels.