Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

Consumer Staples Select Sector SPDR Fund (GIF:XLP)

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

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

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

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

GIF_XLP
Open High Low XLP Price Change
57.477 58.699 57.477 58.699 +0.937
Entry Signal

MarketClub’s Trade Triangles for XLP

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 60.316

intermediate term up The intermediate-term trend has been UP since May 27th, 2020 at 58.596

short term up The short-term trend has been UP since May 18th, 2020 at 58.022

Smart Scan Analysis for XLP

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

+70
Smart Scan Analysis for XLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.477 58.699 57.477 58.699 +0.937
Prev. Close Volume Bid Ask Time
55.604 0 2020-05-27 19:14:47
Get a free daily analysis and signals for Consumer Staples Select Sector SPDR Fund (XLP) - Request Your Free Report.