SPDR S&P RETAIL ETF (XRT) Stock Technical Analysis
USA - NYSEARCA:XRT - US78464A7147 - ETF
86.34 USD
+0.16 (+0.19%)
86.45 USD
+0.11 (+0.13%)
We assign a technical rating of 7 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
XRT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so XRT is lagging the market slightly.
XRT has an average volume of 5172460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, XRT turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month XRT has a been trading in a tight range between 85.26 and 89.41.
Considerably lower volume is observed in the last couple of days.
XRT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 86.33, a Stop Loss order could be placed below this zone.
More info and screens
77.07
89.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 86.22 to 86.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 83.75 to 84.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @80.74 from a trend line in the daily time frame.
- Support @77.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 86.34 to 88.49. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for XRT is neutral. |
| ChartMill Relative Strength | 67.51 | NEUTRAL | XRT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XRT is below 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) | 51.76 | NEUTRAL | The RSI value for XRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests XRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.75 | NEUTRAL | The Stochastics value for XRT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for XRT suggests low volalility. |
| Average Directional Index/ADX (14) | 29.49 | POSITIVE | The high ADX value value for XRT suggests a strong 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)
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 |
|---|---|---|---|
| 86.82 | 86.21 | 0.61 (0.70%) | 25.00% |
| An entry @86.82. This is a Buy Stop order right above the 10 day moving average. | An exit @86.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.61 points, which is 0.70%. | For a 0.18% 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 XRT. 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.
86.34
+0.16 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.19%
1 Week-0.93%
2 Weeks-1.51%
1 Month1.85%
3 Month7.08%
6 Month33.06%
12 Month12.39%
2 Year47.11%
3 Year37.59%
5 Year73.23%
10 Year88.15%
15 Year295.96%
Volatility
ATR(14)1.43
ATR(20)%1.64%
ATR Inc-9.56%
Range Today1.14
ADR(20)1.3
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.51
Mansfield-0.05
10 Day High88.98
10 Day Low85.36
20 Day High89.41
20 Day Low85.26
52 Week High89.41
52 Week Low61.33
CS1 End86.33
CR1 Start86.34
Volume & EV
DER(3)-5.72%
DER(5)-1.65%
Volume3.98M
Volume Incr-33.3%
Vol(5)3.31M
Vol(50)5.17M