RSI low/high Values: [ 25 - 75 ]
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THE UTILITIES SELECT SECTOR SPDR FUND ETF upgraded to Strong Buy Candidate.
(Updated on Mar 28, 2024)

Buy candidate since Mar 22, 2024 Gain 2.80% PDF

The THE UTILITIES SELECT SECTOR SPDR FUND ETF price gained 0.690% on the last trading day (Thursday, 28th Mar 2024), rising from $65.20 to $65.65. During the last trading day the ETF fluctuated 1.13% from a day low at $65.02 to a day high of $65.76. The price has risen in 7 of the last 10 days and is up by 3.6% over the past 2 weeks. Volume fell on the last day by -3 million shares and in total, 14 million shares were bought and sold for approximately $902.37 million. 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 ETFis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $66.03 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect THE UTILITIES SELECT SECTOR SPDR FUND ETF with a 90% probability to be traded between $61.82 and $67.16 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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XLU Signals & Forecast

The THE UTILITIES 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 $64.28 and $62.58. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 24, 2024, and so far it has risen 9.51%. Further rise is indicated until a new top pivot has been found. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

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

THE UTILITIES SELECT SECTOR SPDR FUND finds support from accumulated volume at $62.61 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 $0.735 between high and low, or 1.13%. For the last week the ETF has had daily average volatility of 1.28%.

Our recommended stop-loss: $63.55 (-3.20%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 45 days ago.)

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

For the upcoming trading day on Monday, 1st we expect THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND to open at $65.48, and during the day (based on 14 day Average True Range), to move between $64.73 and $66.57, which gives a possible trading interval of +/-$0.92 (+/-1.39%) up or down from last closing price. If THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND takes out the full calculated possible swing range there will be an estimated 2.79% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $62.61, some $3.04 (4.63%) from the current price of $65.65, our system finds the risk reward attractive.

Is THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND ETF A Buy?

THE UTILITIES SELECT SECTOR SPDR FUND holds several positive signals and is considered to be a good choice at current levels. We expect the THE UTILITIES SELECT SECTOR SPDR FUND ETF to perform great in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.567 Strong Buy Candidate Upgraded

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

Fair opening price April 1, 2024 Current price
$65.48 ( 0.267%) $65.65

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

Trading levels for XLU

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 66.21 0.85 %
R2 65.93 0.425 %
R1 65.76 0.161 %
Current price: 65.65
Support S1 65.19 -0.694 %
S2 65.02 -0.96 %
S3 64.74 -1.39 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 65.65
Support S1 62.61 -4.63%
S2 61.72 -5.99%
S3 61.45 -6.40%

XLU Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 18, 2024 Mar 21, 2024 $0.520 0.81%
2 Dec 18, 2023 Dec 18, 2023 Dec 18, 2023 $0.597 0.94%
3 Jan 17, 2023 Sep 18, 2023 Sep 21, 2023 $0.522 0.82%
4 Jan 17, 2023 Jun 20, 2023 Jun 23, 2023 $0.537 0.83%
5 Jan 17, 2023 Mar 20, 2023 Mar 23, 2023 $0.490 0.769%

FAQ

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

Should I buy or sell THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND ETF?
THE UTILITIES SELECT SECTOR SPDR FUND holds several positive signals and is considered to be a good choice at current levels. We expect the THE UTILITIES SELECT SECTOR SPDR FUND ETF to perform great in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.

How to buy THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND ETF?
THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES 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 UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND ETF.

What's the current price of THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND ETF?
As of the end of day on the 2024-03-28, the price of an THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND (XLU) share was $65.65.

What is the 52-week high and low for THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND ETF?
The 52-week high for THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND ETF is $70.28 and the 52-week low is $54.77.

What is the market capitalization of THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND ETF?
As of the 2024-03-28, the market capitalization of THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES SELECT SECTOR SPDR FUND is 10.719B.
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About THE UTILITIES SELECT SECTOR SPDR FUND THE UTILITIES 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 securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.... XLU Profile

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