CONSUMER DISCRETIONARY SELT (XLY) Stock Technical Analysis
USA - NYSEARCA:XLY - US81369Y4070 - ETF
We assign a technical rating of 1 out of 10 to XLY. XLY 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.
The technical rating of XLY is bad and it also does not present a quality setup 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
191.58
We found 3 important support areas.
- A support zone ranging from 221.15 to 221.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @210.65 from a horizontal line in the daily time frame.
- Support @193.52 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 231.35 to 236.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 241.39 to 242.19. 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 | NEUTRAL | NEUTRAL | The long term trend for XLY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XLY is down. |
| ChartMill Relative Strength | 46.01 | NEUTRAL | XLY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XLY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XLY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of XLY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.04 | NEUTRAL | The RSI value for XLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.9 | NEGATIVE | The MACD value suggests XLY has a negative trend. |
| Stochastics (14,3) | 1.98 | OVERSOLD | The low Stochastics value suggests XLY may be oversold. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for XLY suggests low volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for XLY suggests a weak or negative trend. |
221.16
-2.77 (-1.24%)
CONSUMER DISCRETIONARY SELT / XLY FAQ
What is the ChartMill technical rating of CONSUMER DISCRETIONARY SELT (XLY) stock?
ChartMill assigns a technical rating of 1 / 10 to XLY.
What is the trend direction for XLY stock?
The current trend direction for CONSUMER DISCRETIONARY SELT (XLY) is Bearish.
Can you provide the RSI signal for CONSUMER DISCRETIONARY SELT?
CONSUMER DISCRETIONARY SELT (XLY) has an RSI value of 31.0386. This indicates that the stock is currently neutral.
What is the MACD signal for CONSUMER DISCRETIONARY SELT (XLY) stock?
The MACD indicator for CONSUMER DISCRETIONARY SELT (XLY) has a value of -1.90306, indicating a bearish trend.