XSD Forecast and Technical Stock Analysis
Buy candidate since 2019-11-06 Gain 2.42% PDF
SPDR(R) S&P(R) SEMICONDUCTOR ETF SPDR(R) S&P(R) SEMICONDUCTOR ETF gained 0.06% in the last trading day ( Wednesday, 13th Nov 2019 ), rising from $99.87 to $99.93 , and 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 day the stock fluctuated 1.64% from a day low at $98.41 to a day high of $100.02. The price has risen in 8 of the last 10 days and is up by 7.3% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 76 228 more shares were traded than the day before. In total, 142 612 shares bought and sold for approximately $14.25 million.
- 30 day high of the XSD stock price was $100.52 and low was $89.17.
- 90 day high was $100.52 and low was $84.79.
- 52 week high for SPDR(R) S&P(R) SEMICONDUCTOR ETF SPDR(R) S&P(R) SEMICONDUCTOR ETF - $100.52 and low - $60.13.
SPDR(R) S&P(R) SEMICONDUCTOR ETF SPDR(R) S&P(R) SEMICONDUCTOR ETF has broken the wide and weak rising the short-term trend up and an even stronger rising rate is indicated. For any reaction back there will now be support on the roof on the current trend broken at $99.79, a level that may pose a second chance to hit a runner. According to fan-theory $109.35 will be the next possible trend-top level and thereby pose a resistance level which may not be broken at the first attempt.
Only positive signals in the chart today. SPDR(R) S&P(R) SEMICONDUCTOR ETF SPDR(R) S&P(R) SEMICONDUCTOR ETF holds buy signals from both short- and long-term moving averages. In addition, 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 $99.00 and $92.59. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday October 23, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
* 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 stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock holds a RSI14 at 84 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $89.36 and $87.91.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, SPDR(R) S&P(R) SEMICONDUCTOR ETF SPDR(R) S&P(R) SEMICONDUCTOR ETF finds support just below today's level at $89.36. If this is broken, then the next support from accumulated volume will be at $87.91 and $86.10.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.61 between high and low, or 1.64%. For the last week, the stock has had a daily average volatility of 1.28%.
The stock is extremely overbought on RSI14 (84). Normally this will pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.
Our recommended stop-loss: $95.33 (-4.61%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 84 and this increases the risk substantially. There is a buy signal from pivot bottom found 15 days ago.)
1.28 %Average volatility
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Several short-term signals, along with a general good trend, are positive and the stock has broken the rising trend up, which indicates an even stronger rising rate. We can conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term period. Due to a possible false trend-break a pure Buy Recommendation is held back.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!