We assign a technical rating of 8 out of 10 to XRT. Although XRT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although XRT has an excellent technical rating, the quality of the presented setup is not ideal 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
74.60
When analyzing the support we can see 5 important areas.
- A support zone ranging from 87.07 to 87.51. 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 84.20 to 85.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.06 to 80.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.28 from a horizontal line in the daily time frame.
- Support @75.35 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 90.10 to 90.10. 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 XRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XRT is up. |
| ChartMill Relative Strength | 67.62 | NEUTRAL | XRT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.43 | NEUTRAL | The RSI value for XRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests XRT has a positive trend. |
| Stochastics (14,3) | 80.79 | OVERBOUGHT | The high Stochastics value suggests XRT may be overbought. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for XRT suggests low volalility. |
| Average Directional Index/ADX (14) | 27.11 | POSITIVE | The high ADX value value for XRT suggests a strong trend. |
90.09
+0.25 (+0.28%)
SS SPDR S&P RETAIL ETF / XRT FAQ
What is the ChartMill technical rating of SS SPDR S&P RETAIL ETF (XRT) stock?
ChartMill assigns a technical rating of 8 / 10 to XRT.
What is the trend direction for XRT stock?
The current trend direction for SS SPDR S&P RETAIL ETF (XRT) is Bullish.
What is the RSI signal for SS SPDR S&P RETAIL ETF (XRT) stock?
SS SPDR S&P RETAIL ETF (XRT) has an RSI value of 66.4257. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SS SPDR S&P RETAIL ETF?
The short term momentum for SS SPDR S&P RETAIL ETF (XRT) is positive.
What are the support and resistance levels for SS SPDR S&P RETAIL ETF (XRT) stock?
SS SPDR S&P RETAIL ETF (XRT) has a support level at 87.51 and a resistance level at 90.1. Check the full technical report for our detailed analysis of XRT support and resistance levels.