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XLC Stock The Comm Svcs Sel Sect SPDR® ETF (XLC, $91.23) Aroon Indicator entered an Uptrend on October 18, 2024.

A.I.dvisor
at Tickeron.com
10/19/24
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XLC - The Comm Svcs Sel Sect SPDR® ETF
Aroon signal
Bullish Trend
Odds of UP Trend
Tickeron
Aroon signal
Price: $91.23
Daily change: +$0.67 (+0.74%)
Daily volume: 2.7M
Net Assets: $18.3B
Over the last three days, A.I.dvisor has detected that XLC's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. A.I.dvisor backtested this indicator and found 406 similar cases, of which were successful. Based on this data, the odds of success are

XLC in upward trend: 10-day moving average broke above 50-day moving average on September 18, 2024

The 10-day moving average for XLC crossed bullishly above the 50-day moving average on September 18, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XLC advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 406 cases where XLC 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 10-day RSI Indicator for XLC moved out of overbought territory on October 07, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Moving Average Convergence Divergence Histogram (MACD) for XLC turned negative on October 10, 2024. 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 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

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XLC
Daily Signalchanged days ago
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