XSW Forecast and Technical Stock Analysis
Hold candidate since 2019-09-13 PDF
SPDR(R) S&P(R) SOFTWARE & SERVICES ETF SPDR(R) S&P(R) SOFTWARE & SERVICES ETF fell by -0.68% in the last day ( Friday, 13th Sep 2019 ) from $96.57 to $95.92 During the day the stock fluctuated 0.91% from a day low at $95.75 to a day high of $96.62. The price has fallen in 6 of the last 10 days and is down by -0.54% for this period. Volume has increased in the last day by 414 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, 10 083 shares bought and sold for approximately $967 130.00.
- 30 day high of the XSW stock price was $98.32 and low was $93.37.
- 90 day high was $102.16 and low was $92.61.
- 52 week high for SPDR(R) S&P(R) SOFTWARE & SERVICES ETF SPDR(R) S&P(R) SOFTWARE & SERVICES ETF - $102.16 and low - $69.55.
SPDR(R) S&P(R) SOFTWARE & SERVICES ETF SPDR(R) S&P(R) SOFTWARE & SERVICES ETF is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect SPDR(R) S&P(R) SOFTWARE & SERVICES ETF SPDR(R) S&P(R) SOFTWARE & SERVICES ETF with a 90% probability to be traded between $91.17 and $99.65 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
A buy signal was issued from a pivot bottom point on Tuesday September 10, 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. SPDR(R) S&P(R) SOFTWARE & SERVICES ETF SPDR(R) S&P(R) SOFTWARE & SERVICES ETF holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $96.39 and $96.38. A break-up above any of these levels will issue buy signals. SPDR(R) S&P(R) SOFTWARE & SERVICES ETF SPDR(R) S&P(R) SOFTWARE & SERVICES ETF gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
* 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 ]
RSI14 is 54 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
SPDR(R) S&P(R) SOFTWARE & SERVICES ETF SPDR(R) S&P(R) SOFTWARE & SERVICES ETF finds support from accumulated volume at $95.66.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.87 (0.91%) between high and low. For the last week, the stock has had daily average volatility of 1.44%.
Our recommended stop-loss: $91.33 (-4.78%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)
1.44 %Average volatility
Very Low Low Medium High Very High
SPDR(R) S&P(R) SOFTWARE & SERVICES ETF SPDR(R) S&P(R) SOFTWARE & SERVICES ETF holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.
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!