Taking everything into account, XLB scores 5 out of 10 in our technical rating. In the past year, XLB was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
XLB has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
41.20
We found 2 important support areas.
- A support zone ranging from 43.60 to 44.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.62 to 42.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @46.13 from a horizontal line in the daily time frame.
- Resistance @47.39 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for XLB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLB is up. |
| ChartMill Relative Strength | 41.87 | NEUTRAL | XLB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XLB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XLB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XLB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.72 | NEUTRAL | The RSI value for XLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests XLB has a positive trend. |
| Stochastics (14,3) | 84.56 | OVERBOUGHT | The high Stochastics value suggests XLB may be overbought. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for XLB suggests low volalility. |
| Average Directional Index/ADX (14) | 15.8 | NEGATIVE | The low ADX value for XLB suggests a weak or negative trend. |
45.15
+0.03 (+0.07%)
SS MATERIALS SELECT SECTOR / XLB FAQ
What is the ChartMill technical rating of SS MATERIALS SELECT SECTOR (XLB) stock?
ChartMill assigns a technical rating of 5 / 10 to XLB.
What is the trend direction for XLB stock?
The current trend direction for SS MATERIALS SELECT SECTOR (XLB) is Bearish.
What is the RSI signal for XLB stock?
SS MATERIALS SELECT SECTOR (XLB) has an RSI value of 61.7202. This indicates that the stock is currently neutral.
What is the MACD signal for SS MATERIALS SELECT SECTOR (XLB) stock?
The MACD indicator for SS MATERIALS SELECT SECTOR (XLB) has a value of 0.137472, indicating a bearish trend.