NYSEARCA:XHB - NYSE Arca - US78464A8889 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to XHB. XHB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, XHB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 93.59. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for XHB in the last couple of days, which is a good sign.
87.21
4 important resistance areas can be observed.
NYSEARCA:XHB (4/21/2025, 2:13:05 PM)
88.095
-2.75 (-3.03%)