The Greedy Trader Weekly Analysis
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- 4/19/2024 -
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Xylem Inc. (XYL) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend support lineRelative Strength Index, Williams' Percentage Range and Lane's Stochastic are overboughtTrend resistance at 127.65
Daily :The price is close to the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close togetherPrice is close to the 50 Day Moving Average
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.81
Williams' Percentage Range (W%R) 50.20
Lane's Stochastic (%D-Slow) 44.03
Greed/Fear Indicator (GFI) 46.89
Moving Average Converg./Diverg. (MACD) 0.59
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 87.21
Overbought
Williams' Percentage Range (W%R) 11.60
Overbought
Lane's Stochastic (%D-Slow) 83.15
Overbought
Greed/Fear Indicator (GFI) 78.39
Moving Average Converg./Diverg. (MACD) 6.07
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 136.46
Quarterly Trendline Support 136.13
Parabolic System 129.80
Weekly Stochastic Crossing 129.61
Upper Bollinger Band 129.28
20 Day Moving Average 128.15
Price 127.84
Monthly Trendline Resistance 127.65
Daily Stochastic Crossing 127.12
50 Day Moving Average 126.89
Lower Bollinger Band 126.14
Monthly Trendline Support 124.05
Sector and Industry
Description Name Rank
Sector Industrials 8
Industry Industrial Machinery 97
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 124.66
Low Date 04/17/2024
High 128.66
High Date 04/19/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 124.66
Low Date 04/17/2024
High 128.66
High Date 04/19/2024
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 127.65
Support 124.05
High 130.86
High Date 03/21/2024
Low 124.66
Low Date 04/17/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 136.46
Support 136.13
Low 87.59
Low Date 10/30/2023
High 130.86
High Date 03/21/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 72.08
Low Date 06/16/2022
High 130.86
High Date 03/21/2024
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.