Go to the list of all blogs
Rick Pendergraft's Avatar
published in Blogs
Jun 05, 2019

Consumer Staples ETF (XLP) looks to resume upward trend

With the selling that has hit the market over the last month, most of the select sector SPDR ETFs have moved below their 52-week moving averages. The Consumer Staples Select Sector SPDR (XLP) is one of the few that is still above its 52-week moving average and in fact, it isn’t even close to moving below the trend line.

The XLP did reach oversold territory on its daily chart, but there are signals hinting at a rally being due. We see on the daily chart that the stochastic readings reached oversold territory and made a bullish crossover on June 3. The last few times the indicators have been at or near oversold territory and performed a bullish crossover, the ETF has rallied nicely over the next month or so.

In addition to the bullish stochastic crossover, the Tickeron Trend Prediction Engine generated a bullish signal on the XLP on May 31. The signal sh0wed a confidence level of 90% and it predicts a gain of at least 4% over the coming month.

Of the last 100 predictions made by the prediction engine on the XLP, 92% have been successful.

Related Ticker: XLP

XLP in +0.59% Uptrend, growing for three consecutive days on February 23, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where XLP advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 20, 2024. You may want to consider a long position or call options on XLP as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for XLP just turned positive on February 22, 2024. Looking at past instances where XLP's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

The 50-day moving average for XLP moved above the 200-day moving average on February 05, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

The Aroon Indicator entered an Uptrend today. In of 361 cases where XLP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where XLP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

XLP broke above its upper Bollinger Band on February 01, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

Notable companies

The most notable companies in this group are Procter & Gamble Company (NYSE:PG), Costco Wholesale Corp (NASDAQ:COST), Coca-Cola Company (NYSE:KO), PepsiCo (NASDAQ:PEP), Walmart (NYSE:WMT), Philip Morris International (NYSE:PM), Mondelez International (NASDAQ:MDLZ), Altria Group (NYSE:MO), Colgate-Palmolive Company (NYSE:CL), Target Corp (NYSE:TGT).

Industry description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Consumer Staples Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.

Market Cap

The average market capitalization across the Consumer Staples Select Sector SPDR® ETF ETF is 99.83B. The market cap for tickers in the group ranges from 12.65B to 378.91B. PG holds the highest valuation in this group at 378.91B. The lowest valued company is CPB at 12.65B.

High and low price notable news

The average weekly price growth across all stocks in the Consumer Staples Select Sector SPDR® ETF ETF was 2%. For the same ETF, the average monthly price growth was 4%, and the average quarterly price growth was 5%. HRL experienced the highest price growth at 5%, while KDP experienced the biggest fall at -3%.

Volume

The average weekly volume growth across all stocks in the Consumer Staples Select Sector SPDR® ETF ETF was -51%. For the same stocks of the ETF, the average monthly volume growth was -56% and the average quarterly volume growth was -54%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 39
P/E Growth Rating: 63
Price Growth Rating: 47
SMR Rating: 44
Profit Risk Rating: 42
Seasonality Score: -44 (-100 ... +100)
Related Portfolios: CONSUMER STAPLES ETFs
View a ticker or compare two or three
XLPDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category ConsumerStaples

Profile
Fundamentals
Details
Category
Consumer Defensive
Address
One Lincoln Street Cph0326Boston
Phone
N/A
Web
www.spdrs.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
MFUS45.010.10
+0.22%
PIMCO RAFI Dyn Multi-Factor US Eq ETF
BKLC96.650.12
+0.12%
BNY Mellon US Large Cap Core Equity ETF
EEMA66.850.07
+0.10%
iShares MSCI Emerging Markets Asia ETF
JUNZ27.56N/A
N/A
TrueShares Structured Outcome June ETF
EINC71.02-0.02
-0.03%
VanEck Energy Income ETF

XLP and

Correlation & Price change

A.I.dvisor indicates that over the last year, XLP has been closely correlated with FSTA. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if XLP jumps, then FSTA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To XLP
1D Price
Change %
XLP100%
+0.28%
FSTA - XLP
99%
Closely correlated
+0.56%
VDC - XLP
98%
Closely correlated
+0.52%
IYK - XLP
95%
Closely correlated
+0.44%
KXI - XLP
90%
Closely correlated
+0.23%
FTXG - XLP
86%
Closely correlated
+0.02%
More
Ad is loading...
In the face of recent challenges in the US stock market, where major indexes have witnessed consecutive declines for three weeks running, it's no surprise that many traders find themselves grappling with disappointment and losses. However, amidst the turbulence, there's a beacon of hope for those who understand the power of strategic algorithms and their uncanny ability to turn market volatility into profit opportunities.
Discover the energy sector's recent exhilarating journey with a spotlight on the Shale Oil Group, featuring prominent tickers $XOM, $BHP, $PXD, $HES, and $FANG. Buckle up as we delve into their collective gain of +9.12% in the last month! 🚀📈 Unearth the world of shale oil production, where companies like Exxon Mobil Corp, BHP Group Limited, Pioneer Natural Resource Co, Hess Corp, and Diamondback Energy play a pivotal role. As economic shifts, geopolitical tensions, and environmental considerations sway the energy landscape, these players navigate a dynamic market.
#artificial_intelligence#latest#popular#technical_analysis
Dive into the dynamic world of Wireless Telecom as we explore the remarkable journey of Charter Communications (CHTR) with a notable gain of +2.03%. In this insightful blog, we'll navigate through the sector's landscape, uncovering the driving forces behind its recent movements. Discover the industry's giants like Comcast Corp (NASDAQ:CMCSA), Verizon Communications (NYSE:VZ), AT&T (NYSE:T), and Lumen Technologies (NYSE:LUMN), and understand how they contribute to the sector's growth. From market capitalization trends to high and low price fluctuations, we'll unravel the market dynamics that shape the wireless telecommunications arena. Join us to gain expert insights into fundamental analysis ratings, explore potential growth trajectories, and comprehend the sector's intricate seasonality score. Let's venture into the realm of Wireless Telecom and its standout player, Charter Communications, as we decode the recent +2.03% gain and its impact on this ever-evolving sector.
The Oil Refining/Marketing segment is an essential component of the energy sector. It comprises companies dedicated to refining crude oil into a spectrum of petroleum products like gasoline, diesel, and jet fuel. These entities, operating in the downstream sector of the oil business, take charge of the post-production processes of crude oil and natural gas. Their focus extends to marketing and distribution. Notably, when there's a dip in oil prices, downstream businesses might be shielded or even stand to benefit as the acquisition cost of crude oil plummets. Industry giants in the U.S. encompass Phillips 66, Marathon Petroleum Corporation, and Valero Energy Corp.
#trading
One shining example of this is the remarkable performance of AI trading robots accessible through the "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)." These AI-driven trading bots, often referred to as 'bot factories,' have showcased their prowess by generating a remarkable gain of +9.61% while trading AMD over the previous week. This accomplishment becomes even more noteworthy considering the broader market trends and the recent earnings report.
The Construction Materials Industry has been a focal point of investor attention recently, showcasing an impressive performance surge of +12.84% over the past month. This upward trajectory has sparked interest in several key stocks within the industry, including $JHX, $CRH, $EXP, $CX, $MLM, $USLM, $VMC, $BCC, $CPAC, $SUM, $TGLS, $LOMA, $RETO, $SMID, and $KNF.
Last week was challenging for the entire market, with indices experiencing a decline of around 3%. The Motor Vehicles industry saw the most significant downturn. For instance, the giant TSLA dropped by 11%, while NIO's shares plummeted by 17%. We actively trade stocks of this type in almost all of our robots due to their high volatility, and we had a good week profiting from short positions. You can receive signals in this robot: Swing Trader - Medium Volatility Stocks for Active Trading (TA/FA).
One of the most intriguing developments in recent times is the rise of AI-powered trading robots, designed to navigate complex market scenarios with remarkable precision. Among these innovative trading tools, "Trend Trader, Popular Stocks: Price Action Trading Strategy (TA&FA)" has emerged as a standout performer, demonstrating its prowess as a bot factory generating substantial gains.
The Food Retail Industry has recently witnessed a remarkable surge of +10.26% in its performance over the past month, making it a focal point for investors and analysts. This article delves into the industry's recent developments, focusing on key tickers and their trends within this sector.
Yesterday, the market closed with a modest gain, driven primarily by semiconductor sector stocks, which saw increases ranging from 1 to 7%. It's possible that today the upward momentum will be picked up by stocks from other sectors. For more signals on stocks, you can subscribe to our robots: Swing-Trader-3K-per-position-Medium-Volatility-Stocks-for-Active-Trading-TA-FA.
The inflammation industry primarily comprises biotech and pharmaceutical companies that focus on the treatment of cancer, inflammation, and other diseases related to cell proliferation. Noteworthy players in this domain include Karyopharm Therapeutics Inc., Allakos Inc., and Zymeworks.
#investment
Among these, the "Swing Trader, Popular Stocks: Short Bias Strategy (TA&FA)" AI trading robots have proven to be formidable contenders, demonstrating their prowess by achieving a commendable +7.44% gain while trading XELA over the previous week. However, the dynamics of the market are intricate, and a closer analysis is essential to comprehend the broader picture.
The Cosmetic sector has showcased a remarkable upsurge of +25.82% in its performance over the past month, marking a significant positive shift in the industry. This article delves into the key themes and notable companies within this sector, shedding light on recent price movements and volume trends.
Dive into the dynamic world of uranium stocks as we explore their recent impressive gains. 📈 Discover the driving forces behind the +9.04% surge in tickers like $CCJ, $UEC, $UUUU, and $NXE. From bullish trends to positive indicators, find out how these companies are riding the momentum and what it means for the uranium sector's future. Join us on this journey to unravel the market movements that have led to these remarkable gains and gain valuable insights into the factors shaping the industry. Whether you're an investor, a market enthusiast, or simply curious about the forces at play, this blog is your guide to understanding the fascinating dynamics of uranium's recent climb.
#latest#popular#artificial_intelligence#trading#neutral_bluish#technical_analysis#asset_allocation
The "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)" AI trading robots have recently demonstrated their prowess, operating as efficient bot factories that achieved an impressive gain of +6.99% through their active trading of NVDA over the past week. This performance raises the question: can AI-driven trading bots consistently outperform traditional methods?
The Pulp & Paper industry has been making remarkable strides, recording an impressive +5% surge in performance over the past week. This positive momentum has been underscored by several factors, showcasing a potential avenue for investors seeking growth opportunities. Within this dynamic landscape, let's delve into three important themes shaping this industry and examine the key tickers that stand out.
Diving into the world of agricultural chemicals, our latest blog sheds light on the recent market dynamics that led to a collective loss of -9.85% for prominent players like $NTR, $MOS, $CF, $CTVA, and $FMC. As an astute financial analyst, I dissect how these companies, once riding high, are navigating a challenging landscape. This blog takes you through the ups and downs of the sector, with insights into market caps, price movements, and fundamental analysis ratings. Uncover the reasons behind the sector's recent setback and explore whether a turnaround could be on the horizon. Join me as we delve into the intricate world of agricultural chemicals and discover the forces that have shaped this -9.85% group loss.
#technical_analysis#latest#popular#artificial_intelligence#trading#asset_allocation
In the dynamic world of finance, one stock stands out: USB ($35.84), the symbol of resilience in the realm of regional banks. As the RSI Indicator recently departed the oversold territory on August 22, 2023, a potential uptrend seems to be on the horizon. This shift prompts traders to consider strategic moves, from buying the stock to exploring call options.
#latest#popular#neutral_bluish#artificial_intelligence#trading#technical_analysis#asset_allocation
Yesterday, stock indices posted a growth of approximately 1.5%, potentially forming a reversal pattern. Leading this growth were shares of mineral extraction companies, which saw an average increase of 2-3%. You can check out signals for these company stocks in our robot:Swing-Trader-1-5K-per-position-Hedge-Fund-Style-Trading-TA-FA
The goods industry primarily encompasses producers and sellers of meat, fish, and dairy products. Many companies in this sector also delve into processed food sales. Key players in this domain include Tyson Foods, Inc., Sanderson Farms, and Hormel Foods.
#investment