XLP Stock The Consumer Staples Sel SectSPDR® ETF (XLP, $80.63) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 12, 2024

GET DAILY SIGNALS

Get AI intraday signals

XLP - The Consumer Staples Sel SectSPDR® ETF

MACD signal

View

Odds of UP Trend

Price: $80.63

Daily change: +$0.09 (+0.11%)

Daily volume: 13.4M

Net Assets: $16.3B

XLP in upward trend: price may ascend as a result of having broken its lower Bollinger Band on October 29, 2024

XLP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 35 cases where XLP's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 50 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 .

The Moving Average Convergence Divergence (MACD) for XLP just turned positive on November 12, 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XLP advanced for three days, in of 341 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 15, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on XLP as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

XLP moved below its 50-day moving average on October 23, 2024 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 October 15, 2024. 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 .

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 .

The Aroon Indicator for XLP entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.