SPDR S&P OIL & GAS EXP & PR (XOP) Stock Technical Analysis
NYSEARCA:XOP - NYSE Arca - US78468R5569 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to XOP. In the last year, XOP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, XOP is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month XOP has a been trading in the 123.00 - 133.74 range, which is quite wide. It is currently trading near the lows of this range.
XOP has an average volume of 3627490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
XOP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XOP is lagging the market.
The technical rating of XOP 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
122.46
147.94
We found 1 important support area.
- Support @123.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 126.35 to 129.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 131.25 to 135.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @146.48 from a horizontal line in the weekly 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 XOP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XOP is down. |
| ChartMill Relative Strength | 28.09 | NEGATIVE | XOP has a low relative strength, it was outperformed by 71.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XOP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XOP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XOP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.08 | NEUTRAL | The RSI value for XOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests XOP has a negative trend. |
| Stochastics (14,3) | 17.09 | OVERSOLD | The low Stochastics value suggests XOP may be oversold. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for XOP suggests some volalility. |
| Average Directional Index/ADX (14) | 14.35 | NEGATIVE | The low ADX value for XOP suggests a weak or negative 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)
124.09
+0.39 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.32%
1 Week-5.22%
2 Weeks-1.65%
1 Month-2.86%
3 Month4.42%
6 Month-6.87%
12 Month-9.05%
2 Year-16.54%
3 Year-14.27%
5 Year141.14%
10 Year-18.83%
15 Year-19.46%
Volatility
ATR(14)2.82
ATR(20)%2.35%
ATR Inc20.23%
Range Today1.59
ADR(20)2.78
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.09
Mansfield-1.2
10 Day High132.03
10 Day Low123
20 Day High133.74
20 Day Low123
52 Week High149.82
52 Week Low99.01
CS1 End123.7
CR1 Start126.35
Volume & EV
DER(3)-4.37%
DER(5)-1.33%
Volume2.20M
Volume Incr10.61%
Vol(5)2.91M
Vol(50)3.63M