Retail sales rise +0.7% in August, exceeding expectations
U.S. retail sales climbed higher in August, according to data from the Commerce Department. That indicates that consumer spending is showing strength despite the Delta-variant spread and supply chain issues.
Retail sales rose +0.7% from the prior month to $618.7 billion in August, thereby beating the Street consensus forecast of a -0.8% decline. In July, retail sales fell -1.1% vs. a prior estimate of a -0.5% decline.
Stripping out auto and gasoline sales, August retail sales grew +1.8%, compared to a Street consensus of +0.1%
Momentum Indicator for XRT turns negative, indicating new downward trend
XRT saw its Momentum Indicator move below the 0 level on August 11, 2026. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 87 similar instances where the indicator turned negative. In of the 87 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for XRT turned negative on August 10, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
XRT moved below its 50-day moving average on August 20, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XRT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XRT advanced for three days, in of 280 cases, the price rose further within the following month. The odds of a continued upward trend are .
XRT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 263 cases where XRT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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Category ConsumerDiscretionary
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