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Archive - 4/19/2024 - Sign In to see current Signals. |
Xylem Inc. (XYL) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Xylem Inc. (XYL). During the week, the XYL gave back -0.27 points, or -0.21%, and closed at 127.84 on Friday, April 19, 2024. Weekly volume was -7% below average. XYL is a member of Industrials Sector. Industrials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See XYL long-term trend chart] A long-term uptrend had started on October 30, 2023 at 87.59 and reached 130.86 on March 21, 2024. XYL gained -43.27 points, or -49.40%, in 20 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (136.13) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a long-term trend. Medium-term trend: [See XYL medium-term trend chart] A medium-term downtrend had started on March 21, 2024 at 130.86 and reached 124.66 on April 17, 2024. XYL lost 6.20 points, or 4.74%, in 3 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (127.65). 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 XYL weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since November 10, 2023. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help. Short-term trend: [See XYL short-term trend chart] A short-term uptrend had started on April 17, 2024 at 124.66 and reached 128.66 on April 19, 2024. XYL gained -4.00 points, or -3.21%, in 2 days. The price is now at the 20.50% retracement level. Daily Technical Indicators: [See XYL daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 4, 2024. The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (2.47%) is close to one year low (2.25%). It is 73.85% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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. Price is close to the 50 Day Moving Average. 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.
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