XLF stock forecast THE FINANCIAL SELECT SECTOR SPDR FUND THE FINANCIAL SELECT SECTOR SPDR FUND
THE FINANCIAL SELECT SECTOR SPDR FUND THE FINANCIAL SELECT SECTOR SPDR FUND Forecast and Stock Analysis
Technical XLF stock analysis for Friday May 17, 2019.
|Shorts||1.86% ( 2013-01-15 )|
|Price to book||USD 1.46|
|Next Earnings Date||n/a|
THE FINANCIAL SELECT SECTOR SPDR FUND THE FINANCIAL SELECT SECTOR SPDR FUND fell by -0.67% in the last day ( Friday, 17th May 2019 ) from $27.06 to $26.88 During day the stock fluctuated 1.46% from a day low at $26.75 to a day high of $27.14. The price has fallen in 7 of the last 10 days and is down by -4.24% for this period. Volume has increased in the last day by 17.33 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 62.10 million shares bought and sold for approximately $1 669.16 million.
- 30 day high of the XLF stock price was $28.14 and low was $26.52.
- 90 day high was $28.14 and low was $25.08.
- 52 week high for the THE FINANCIAL SELECT SECTOR SPDR FUND THE FINANCIAL SELECT SECTOR SPDR FUND - $29.07 and low - $22.05.
THE FINANCIAL SELECT SECTOR SPDR FUND THE FINANCIAL SELECT SECTOR SPDR FUND lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.15% during the next 3 months and, with 90% probability hold a price between $27.42 and $29.75 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday May 13, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. THE FINANCIAL SELECT SECTOR SPDR FUND THE FINANCIAL SELECT SECTOR SPDR FUND holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $27.01 and $27.11. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Relative Strength Index (RSI)
RSI14 is 32 and the stock is currently not being overbought or oversold
Support & Resistance
THE FINANCIAL SELECT SECTOR SPDR FUND THE FINANCIAL SELECT SECTOR SPDR FUND finds support from accumulated volume at $26.69.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.39 (1.46%) between high and low. For the last week, the stock has had a daily average volatility of 1.46%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
1.46 %Average volatility
Very Low Low Medium High Very High
The THE FINANCIAL SELECT SECTOR SPDR FUND THE FINANCIAL SELECT SECTOR SPDR FUND stock holds several negative signals and despite the positive trend we believe THE FINANCIAL SELECT SECTOR SPDR FUND THE FINANCIAL SELECT SECTOR SPDR FUND will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.
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