NYSEARCA:XLP - NYSE Arca - US81369Y3080 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to XLP. Although XLP has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
XLP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 80.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 78.74, a Stop Loss order could be placed below this zone.
75.34
We found 1 important support area.
When analyzing the resistance we notice one important area.
80.84
-0.21 (-0.26%)