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Stock Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Materials Select Sector SPDR (PACF:XLB)

Bull Market Weakness (+75) - XLB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XLB as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid XLB?

MarketClub looks at technical strength and momentum to determine if the timing is right for XLB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low XLB Price Change
81.49 81.97 81.41 81.83 +0.65
Entry Signal

MarketClub’s Trade Triangles for XLB

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 77.38

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 79.33

short term up The short-term trend has been UP since Nov 14th, 2023 at 77.65

Smart Scan Analysis for XLB

Based on our trend formula, XLB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for XLB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.49 81.97 81.41 81.83 +0.65
Prev. Close Volume Bid Ask Time
81.18 1670699 2023-11-29 14:03:47
Year High64.17Year High Date2018-01-26
Year Low50.09Year Low Date2018-10-26
52wk High85.952wk High Date2023-02-01
52wk Low74.3352wk Low Date2023-10-23
Year End Close37.54Average Volume4,876,418
Shares Outstanding85,470Assets30,463M
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