SPDR(R) S&P(R) TELECOM SPDR(R) S&P(R) ETF Forecast

$73.88
+0.94 (+1.29%)
At Close: Mar 27, 2024

Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

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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SPDR(R) S&P(R) TELECOM SPDR(R) S&P(R) ETF price ended at $73.88 on Wednesday, after gaining 1.29%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 13, 2024 Loss -0.89% PDF

The SPDR(R) S&P(R) TELECOM SPDR(R) S&P(R) ETF price gained 1.29% on the last trading day (Wednesday, 27th Mar 2024), rising from $72.94 to $73.88. During the last trading day the ETF fluctuated 0.256% from a day low at $73.69 to a day high of $73.88. The price has fallen in 6 of the last 10 days and is down by -0.89% for this period. Volume fell on the last day by -350 shares and in total, 701 shares were bought and sold for approximately $51.79 thousand. 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 falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -8.00% during the next 3 months and, with a 90% probability hold a price between $66.03 and $69.92 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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XTL Signals & Forecast

There are mixed signals in the ETF today. The SPDR(R) S&P(R) TELECOM SPDR(R) S&P(R) ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $75.20. On a fall, the ETF will find some support from the short-term average at $73.42. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 2.00%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for SPDR(R) S&P(R) TELECOM SPDR(R) S&P(R) ETF

SPDR(R) S&P(R) TELECOM SPDR(R) S&P(R) finds support from accumulated volume at $73.69 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0.189 between high and low, or 0.256%. For the last week the ETF has had daily average volatility of 0.719%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (XTL) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF to open at $73.81, and during the day (based on 14 day Average True Range), to move between $72.96 and $74.79, which gives a possible trading interval of +/-$0.92 (+/-1.24%) up or down from last closing price. If SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF takes out the full calculated possible swing range there will be an estimated 2.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $73.69 (0.25%) than the resistance at $77.32 (4.66%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF A Buy?

SPDR(R) S&P(R) TELECOM SPDR(R) S&P(R) holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -2.036 Sell Candidate Unchanged

Predicted Opening Price for SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$73.81 ( 0.0852%) $73.88

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

Trading levels for XTL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 74.00 0.170 %
R2 73.93 0.0728 %
R1 73.88 0.0124 %
Current price: 73.88
Support S1 73.74 -0.183 %
S2 73.70 -0.243 %
S3 73.62 -0.341 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 80.73 9.28 %
R2 79.98 8.26 %
R1 77.32 4.66 %
Current price 73.88
Support S1 73.69 -0.255%
S2 72.76 -1.52%
S3 72.43 -1.96%

XTL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 18, 2024 Mar 21, 2024 $0.190 0.256%
2 Dec 18, 2023 Dec 18, 2023 Dec 18, 2023 $0.0750 0.0969%
3 Jan 26, 2023 Sep 18, 2023 Sep 21, 2023 $0.207 0.289%
4 Jan 26, 2023 Jun 20, 2023 Jun 23, 2023 $0.175 0.239%
5 Jan 26, 2023 Mar 20, 2023 Mar 23, 2023 $0.184 0.237%

FAQ

What is the symbol for SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF and on which exchange is it traded?
The symbol for SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF is XTL and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF?
SPDR(R) S&P(R) TELECOM SPDR(R) S&P(R) holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

How to buy SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF?
SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF.

What's the current price of SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF?
As of the end of day on the 2024-03-27, the price of an SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF (XTL) share was $73.88.

What is the 52-week high and low for SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF?
The 52-week high for SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF is $81.18 and the 52-week low is $64.13.

What is the market capitalization of SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF ETF?
As of the 2024-03-27, the market capitalization of SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF is 58.476M.
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About SPDR(R) S&P(R) TELECOM ETF SPDR(R) S&P(R) TELECOM ETF

XTL was created on 01/26/11 by State Street Global Advisors. The ETF tracks an equal-weighted index of US telecom companies selected by the S&P Committee.... XTL Profile

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