SPDR S&P OIL & GAS EXP & PR (XOP) Stock Technical Analysis
USA - NYSEARCA:XOP - US78468R5569 - ETF
124.9 USD
+0.56 (+0.45%)
125.5 USD
+0.6 (+0.48%)
Overall XOP gets a technical rating of 1 out of 10. XOP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, XOP is a bad performer in the overall market: 75% of all stocks are doing better.
XOP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
XOP has an average volume of 3419850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
XOP has a poor technical rating and the quality of the setup is also 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.
More info and screens
118.35
147.94
We found 2 important support areas.
- A support zone ranging from 121.81 to 123.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @119.55 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 127.90 to 129.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @133.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 136.03 to 137.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @139.94 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for XOP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XOP is down. |
| ChartMill Relative Strength | 25.54 | NEGATIVE | XOP has a low relative strength, it was outperformed by 74.46% 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) | 41.28 | NEUTRAL | The RSI value for XOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.76 | NEGATIVE | The MACD value suggests XOP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.42 | NEUTRAL | The Stochastics value for XOP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for XOP suggests some volalility. |
| Average Directional Index/ADX (14) | 19.05 | 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)
124.9
+0.56 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.45%
1 Week-0.82%
2 Weeks-6.74%
1 Month-7.67%
3 Month-2.44%
6 Month10.16%
12 Month-7.04%
2 Year-13.99%
3 Year-17.44%
5 Year207.79%
10 Year-15.79%
15 Year-28.79%
Volatility
ATR(14)3.24
ATR(20)%2.6%
ATR Inc-26.5%
Range Today2.95
ADR(20)2.99
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.54
3 months CRS27.77
6 months CRS50.18
Mansfield-1.27
10 Day High135.38
10 Day Low122.11
20 Day High139.3
20 Day Low122.11
52 Week High149.82
52 Week Low99.01
CS1 End123.94
CR1 Start127.9
Volume & EV
DER(3)-1.1%
DER(5)-0.47%
Volume3.69M
Volume Incr-15.1%
Vol(5)3.45M
Vol(50)3.42M