Index Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Consumer Staples Select Sector SPDR Fund (GIF:XLP)
Weak Downtrend (-65) - XLP is showing signs of a strengthening downtrend. Monitor XLP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for XLP
The long-term trend has been UP since Jul 14th, 2020 at 61.094
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 63.957
The short-term trend has been DOWN since Feb 12th, 2021 at 65.493
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).