XLI Industrial Select Sector SPDR® ETF Forecast, Technical & Fundamental Analysis

XLI in -1.97% downward trend, sliding for three consecutive days on May 20, 2022

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where XLI declined for three days, in 185 of 239 cases, the price declined further within the following month. The odds of a continued downward trend are 77%.

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Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 22, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on XLI as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

XLI moved below its 50-day moving average on April 22, 2022 date and that indicates a change from an upward trend to a downward trend.

The Aroon Indicator for XLI entered a downward trend on May 25, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where XLI's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 57 cases where XLI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XLI advanced for three days, in of 377 cases, the price rose further within the following month. The odds of a continued upward trend are .

XLI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)