Index Trend Analysis Report
Prepared for you on Sunday, January 17, 2021.
Utilities Select Sector SPDR Fund (GIF:XLU)
Strong Uptrend (+100) - XLU is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XLU continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XLU?
MarketClub looks at technical strength and momentum to determine if the timing is right for XLU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XLU
The long-term trend has been UP since Sep 2nd, 2020 at 63.019
The intermediate-term trend has been UP since Jan 15th, 2021 at 63.055
The short-term trend has been UP since Jan 13th, 2021 at 62.623
Smart Scan Analysis for XLU
Based on our trend formula, XLU is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).