XLV The Health Care Select Sector SPDR® ETF Forecast, Technical & Fundamental Analysis
XLV in -2.10% downward trend, falling for three consecutive days on December 19, 2024
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 XLV declined for three days, in of 287 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 December 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on XLV as a result. In of 89 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 XLV turned negative on December 11, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
The Aroon Indicator for XLV entered a downward trend on December 18, 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.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 7 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 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 XLV advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
XLV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Health
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| TSDD | 1.58 | 0.09 | +6.04% |
| GraniteShares 2x Short TSLA Daily ETF | |||
| FMAT | 48.66 | 0.51 | +1.05% |
| Fidelity MSCI Materials ETF | |||
| EVMT | 15.16 | 0.14 | +0.90% |
| Invesco Elctc vhcl Mtls Cmd StgyNoK-1ETF | |||
| HYXF | 46.31 | 0.28 | +0.61% |
| iShares ESG Advanced Hi Yld Corp Bd ETF | |||
| TOTL | 39.44 | 0.07 | +0.18% |
| SPDR® DoubleLine® Total Return Tact ETF | |||
XLV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, XLV has been closely correlated with IYH. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if XLV jumps, then IYH could also see price increases.
| Ticker / NAME | Correlation To XLV | 1D Price Change % | ||
|---|---|---|---|---|
| XLV | 100% | +1.26% | ||
| IYH - XLV | 99% Closely correlated | +1.30% | ||
| FHLC - XLV | 98% Closely correlated | +1.27% | ||
| VHT - XLV | 98% Closely correlated | +1.23% | ||
| IXJ - XLV | 96% Closely correlated | +0.25% | ||
| RSPH - XLV | 88% Closely correlated | +1.48% | ||
More | ||||