|
|
Archive
- 6/6/2025 -
Sign In to see current Signals. |
Health Care Select Sector SPDR (XLV) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Health Care Select Sector SPDR (XLV). During the week, the XLV gained 1.74 points, or 1.31%, and closed at 134.38 on Friday, June 6, 2025. Weekly volume was 45% above average.
 Long-term trend: [See XLV long-term trend chart]
A long-term uptrend had started on June 16, 2022 at 118.75 and reached 159.64 on September 4, 2024. XLV gained -40.89 points, or -34.43%, in 115 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 127.09 and resistance is at 167.46. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See XLV medium-term trend chart]
A medium-term downtrend had started on March 3, 2025 at 150.30 and reached 127.35 on May 15, 2025. XLV lost 22.95 points, or 15.27%, in 10 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (134.77). 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 XLV weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 4, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See XLV short-term trend chart]
A short-term uptrend had started on May 15, 2025 at 127.35 and reached 135.09 on May 20, 2025. XLV gained -7.74 points, or -6.08%, in 5 days. The price is now at the 9.17% retracement level.
Daily Technical Indicators: [See XLV daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 27, 2025. This is an indication that the short-term trend is up.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.
| |
|
|