S&P Tech Hardware Et SPDR (XTH) Stock Technical Analysis
NYSEARCA:XTH - NYSE Arca -
Taking everything into account, XTH scores 6 out of 10 in our technical rating. In the past year, XTH was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Warning: XTH has an average volume of 2082 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month XTH has a been trading in the 62.09 - 72.69 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, XTH turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
XTH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XTH is lagging the market.
XTH has an average technical rating and also the quality of the setup is 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
62.85
76.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 67.44 to 67.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.48 to 64.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @72.69 from a horizontal line in the daily time frame.
- Resistance @75.59 from a trend line in the daily 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 XTH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XTH is up. |
| ChartMill Relative Strength | 63.34 | NEUTRAL | XTH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XTH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XTH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XTH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.26 | NEUTRAL | The RSI value for XTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests XTH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.68 | OVERBOUGHT | The high Stochastics value suggests XTH may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for XTH suggests some volalility. |
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 |
|---|---|---|---|
| 72.70 | 63.30 | 9.40 (12.93%) | 7.73% |
| An entry @72.70. This is a Buy Stop order right above the resistance zone. | An exit @63.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.40 points, which is 12.93%. | When investing 7.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NYSEARCA:XTH (5/29/2020, 8:04:05 PM)
71.1444
-0.13 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.18%
1 Week2.36%
2 Weeks10.25%
1 Month5.04%
3 Month-0.4%
6 Month-11.8%
12 Month3.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.84
ATR(20)%2.53%
ATR Inc-28.66%
Range Today1.17
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.34
Mansfield-0.54
10 Day High72.69
10 Day Low63.31
20 Day High72.69
20 Day Low62.09
52 Week High86.77
52 Week Low50.39
CS1 End67.74
CR1 Start72.69
Volume & EV
DER(3)5.56%
DER(5)3.33%
Volume1.40K
Volume Incr-8.09%
Vol(5)1.42K
Vol(50)2.08K