GLOBAL X S&P 500 COVE CALL E (XYLD) Stock Technical Analysis
NYSEARCA:XYLD - NYSE Arca - US37954Y4750 - ETF - Currency: USD
Overall XYLD gets a technical rating of 1 out of 10. XYLD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, XYLD is a bad performer in the overall market: 67% of all stocks are doing better.
XYLD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so XYLD is lagging the market slightly.
In the last month XYLD has a been trading in a tight range between 38.45 and 39.15.
The technical rating of XYLD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
37.40
42.31
When analyzing the support we can see 2 important areas.
- Support @38.53 from a trend line in the weekly time frame.
- Support @37.78 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 38.66 to 39.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.10 from a horizontal line in the daily time frame.
- Strong resistance @41.89 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for XYLD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XYLD is neutral. |
| ChartMill Relative Strength | 33.67 | NEUTRAL | XYLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XYLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XYLD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XYLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.94 | NEUTRAL | The RSI value for XYLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests XYLD has a negative trend. |
| Stochastics (14,3) | 45.84 | NEUTRAL | The Stochastics value for XYLD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for XYLD suggests low volalility. |
| Average Directional Index/ADX (14) | 13.51 | NEGATIVE | The low ADX value for XYLD 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)
38.58
-0.32 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.82%
1 Week-0.95%
2 Weeks-1.05%
1 Month-1.13%
3 Month0.23%
6 Month-8.92%
12 Month-2.6%
2 Year-4.24%
3 Year-6.4%
5 Year-14.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.3%
ATR Inc229.81%
Range Today0.28
ADR(20)0.09
ADR(20)%0.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.67
Mansfield-1.09
10 Day High39.05
10 Day Low38.45
20 Day High39.15
20 Day Low38.45
52 Week High43.43
52 Week Low34.53
CS1 End38.53
CR1 Start38.66
Volume & EV
DER(3)1.91%
DER(5)-0.76%
Volume1.30M
Volume Incr32.19%
Vol(5)842.02K
Vol(50)687.98K