THE HEALTH CARE SELECT SECTOR SPDR FUND ETF Forecast

$147.73
+0.0200 (+0.0135%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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THE HEALTH CARE SELECT SECTOR SPDR FUND ETF downgraded to Buy Candidate
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 0.01% PDF

The THE HEALTH CARE SELECT SECTOR SPDR FUND ETF price gained 0.0135% on the last trading day (Thursday, 28th Mar 2024), rising from $147.71 to $147.73. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 0.374% from a day low at $147.68 to a day high of $148.23. The price has been going up and down for this period, and there has been a 1.23% gain for the last 2 weeks. Volume fell on the last day by -1 million shares and in total, 8 million shares were bought and sold for approximately $1.13 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 6.58% during the next 3 months and, with a 90% probability hold a price between $154.77 and $161.50 at the end of this 3-month period.

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XLV Signals & Forecast

There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Friday, February 23, 2024, and so far it has fallen -0.0879%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The THE HEALTH CARE SELECT SECTOR SPDR FUND ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $146.14 and $145.76. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. The ETF had a Golden Star Signal on Friday, June 09, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Buy
Special Signal Notification

Golden Star 12 Months

The ETF had a Golden Star Signal on Friday, June 09, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Support, Risk & Stop-loss for THE HEALTH CARE SELECT SECTOR SPDR FUND ETF

THE HEALTH CARE SELECT SECTOR SPDR FUND finds support from accumulated volume at $144.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.552 between high and low, or 0.374%. For the last week the ETF has had daily average volatility of 0.579%.

Our recommended stop-loss: $142.81 (-3.33%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 24 days ago.)

Trading Expectations (XLV) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect THE HEALTH CARE SELECT SECTOR SPDR FUND to open at $147.88, and during the day (based on 14 day Average True Range), to move between $146.51 and $148.95, which gives a possible trading interval of +/-$1.22 (+/-0.83%) up or down from last closing price. If THE HEALTH CARE SELECT SECTOR SPDR FUND takes out the full calculated possible swing range there will be an estimated 1.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $147.86 (0.09%) than the support at $144.82 (1.97%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is THE HEALTH CARE SELECT SECTOR SPDR FUND ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for THE HEALTH CARE SELECT SECTOR SPDR FUND ETF to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 4.055 Buy Candidate Downgraded

Predicted Opening Price for THE HEALTH CARE SELECT SECTOR SPDR FUND of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$147.88 ( 0.102%) $147.73

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for XLV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 148.43 0.475 %
R2 148.22 0.333 %
R1 148.09 0.245 %
Current price: 147.73
Support S1 147.67 -0.0407 %
S2 147.54 -0.129 %
S3 147.33 -0.272 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 147.86 0.0880 %
Current price 147.73
Support S1 144.82 -1.97%
S2 139.24 -5.75%
S3 138.78 -6.06%

XLV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 18, 2024 Mar 21, 2024 $0.523 0.359%
2 Dec 18, 2023 Dec 18, 2023 Dec 18, 2023 $0.598 0.447%
3 Jan 17, 2023 Sep 18, 2023 Sep 21, 2023 $0.540 0.414%
4 Jan 17, 2023 Jun 20, 2023 Jun 23, 2023 $0.542 0.411%
5 Jan 17, 2023 Mar 20, 2023 Mar 23, 2023 $0.489 0.389%

FAQ

What is the symbol for THE HEALTH CARE SELECT SECTOR SPDR FUND ETF and on which exchange is it traded?
The symbol for THE HEALTH CARE SELECT SECTOR SPDR FUND is XLV and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell THE HEALTH CARE SELECT SECTOR SPDR FUND ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for THE HEALTH CARE SELECT SECTOR SPDR FUND ETF to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Strong Buy to a Buy candidate.

How to buy THE HEALTH CARE SELECT SECTOR SPDR FUND ETF?
THE HEALTH CARE SELECT SECTOR SPDR FUND ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy THE HEALTH CARE SELECT SECTOR SPDR FUND ETF.

What's the current price of THE HEALTH CARE SELECT SECTOR SPDR FUND ETF?
As of the end of day on the 2024-03-28, the price of an THE HEALTH CARE SELECT SECTOR SPDR FUND (XLV) share was $147.73.

What is the 52-week high and low for THE HEALTH CARE SELECT SECTOR SPDR FUND ETF?
The 52-week high for THE HEALTH CARE SELECT SECTOR SPDR FUND ETF is $148.27 and the 52-week low is $122.59.

What is the market capitalization of THE HEALTH CARE SELECT SECTOR SPDR FUND ETF?
As of the 2024-03-28, the market capitalization of THE HEALTH CARE SELECT SECTOR SPDR FUND is 29.16B.
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About THE HEALTH CARE SELECT SECTOR SPDR FUND

In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: pharmaceuticals; health care equipment & supplies; health care providers & services; biotechnology; life sciences tools & services; and health care technology. The fund is non-diver... XLV Profile

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