XLP Price Prediction, Consumer Staples Select Sector SPDR® ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
XLP in -0.83% downward trend, falling for three consecutive days on June 07, 2023
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 XLP declined for three days, in of 243 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 11, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on XLP as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for XLP turned negative on May 03, 2023. 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 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
XLP moved below its 50-day moving average on May 22, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for XLP crossed bearishly below the 50-day moving average on May 26, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
The Aroon Indicator for XLP entered a downward trend on June 09, 2023. 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 XLP's RSI Oscillator exited the oversold zone, of 21 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 51 cases where XLP'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 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 .
XLP 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)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category ConsumerStaples
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| JSD | 11.45 | 0.01 | +0.09% |
| Nuveen Short Duration Credit Opportunities Fund | |||
| IXG | 70.14 | 0.04 | +0.06% |
| iShares Global Financials ETF | |||
| GLDX | 25.86 | N/A | N/A |
| USCF Gold Strategy Plus Income Fund | |||
| IBDO | 25.20 | -0.02 | -0.08% |
| iShares iBonds Dec 2023 Term Corp ETF | |||
| RFCI | 22.17 | -0.03 | -0.11% |
| RiverFront Dynamic Core 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.