Overall XYLD gets a technical rating of 4 out of 10. In the last year, XYLD was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
- When comparing the yearly performance of all stocks, XYLD is a bad performer in the overall market: 67% of all stocks are doing better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- XYLD 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 XYLD is lagging the market slightly.
- In the last month XYLD has a been trading in a tight range between 40.03 and 41.06.
XYLD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 40.80, a Stop Loss order could be placed below this zone.
More info and screens
38.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 39.77 to 40.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.58 to 38.67. 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 XYLD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XYLD is neutral. |
| ChartMill Relative Strength | 33.4 | NEUTRAL | XYLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XYLD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XYLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XYLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.13 | NEUTRAL | The RSI value for XYLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests XYLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.82 | NEUTRAL | The Stochastics value for XYLD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for XYLD suggests low volalility. |
| Average Directional Index/ADX (14) | 27.65 | POSITIVE | The high ADX value value for XYLD suggests a strong trend. |
40.8
+0.59 (+1.47%)
GLOBAL X S&P 500 COVE CALL E / XYLD FAQ
Can you provide the ChartMill technical rating for GLOBAL X S&P 500 COVE CALL E?
ChartMill assigns a technical rating of 4 / 10 to XYLD.
Can you provide the trend direction for GLOBAL X S&P 500 COVE CALL E?
The current trend direction for GLOBAL X S&P 500 COVE CALL E (XYLD) is Bullish.
Can you provide the RSI signal for GLOBAL X S&P 500 COVE CALL E?
GLOBAL X S&P 500 COVE CALL E (XYLD) has an RSI value of 53.1337. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLOBAL X S&P 500 COVE CALL E?
The MACD indicator for GLOBAL X S&P 500 COVE CALL E (XYLD) has a value of -0.0308705, indicating a bearish trend.
What is the support and resistance level for XYLD stock?
GLOBAL X S&P 500 COVE CALL E (XYLD) has a support level at 40.8. Check the full technical report for our detailed analysis of XYLD support and resistance levels.