The Greedy Trader Weekly Analysis
Sign In Jan 14, 2022
Skip Navigation Links
Number of records: 6
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Select Sector SPDR ETFs Technical Analysis

Archive
- 1/7/2022 -
Sign In to see current Signals.

SPDR Homebuilders (XHB)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance lineTrend resistance at 76.61
Daily :Stochastic has declined below the signal lineDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageTrend support at 80.13The price touches the lower Bollinger Band
Move cursor over the icon to see details.

It was the negative week for the SPDR Homebuilders (XHB). During the week, the XHB dropped -6.07 points, or -7.08%, and closed at 79.71 on Friday, January 7, 2022. Weekly volume was -43% below average.

Long-term trend: [See XHB long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 8.00 and reached 86.61 on December 9, 2021. XHB gained -78.61 points, or -982.62%, in 665 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (50.19) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See XHB medium-term trend chart]
A medium-term uptrend had started on February 11, 2016 at 27.72 and reached 86.61 on December 9, 2021. XHB gained -58.89 points, or -212.45%, in 304 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (76.61). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See XHB weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since November 5, 2021. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See XHB short-term trend chart]
A short-term uptrend had started on March 18, 2020 at 23.95 and reached 86.61 on December 9, 2021. XHB gained -62.66 points, or -261.63%, in 631 days. The chart has formed a Rising Channel chart pattern. The price is near the trend support (80.13) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.

Daily Technical Indicators: [See XHB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price touches the lower Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.64
Williams' Percentage Range (W%R) 53.00
Lane's Stochastic (%D-Slow) 32.90
Greed/Fear Indicator (GFI) 41.51
Moving Average Converg./Diverg. (MACD) 0.51
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.76
Williams' Percentage Range (W%R) 27.20
Lane's Stochastic (%D-Slow) 75.16
Greed/Fear Indicator (GFI) 68.21
Moving Average Converg./Diverg. (MACD) 2.92
Trading Signals
Description Value Chart
Weekly Trendline Resistance 87.36
Upper Bollinger Band 86.91
Parabolic System 84.93
Weekly Stochastic Crossing 84.28
20 Day Moving Average 83.54
50 Day Moving Average 82.55
Daily Stochastic Crossing 81.26
Weekly Trendline Support 80.13
Price 79.71
Lower Bollinger Band 79.68
Quarterly Trendline Resistance 76.61
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 78.61
Low Date 12/20/2021
High 86.12
High Date 12/31/2021
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 87.36
Support 80.13
Low 23.95
Low Date 03/18/2020
High 86.61
High Date 12/09/2021
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.92
Low Date 11/03/2016
High 86.61
High Date 12/09/2021
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 76.61
Support 22.04
Low 27.72
Low Date 02/11/2016
High 86.61
High Date 12/09/2021
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 62.04
Support 50.19
Low 8.00
Low Date 03/09/2009
High 86.61
High Date 12/09/2021
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.