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Archive - 3/21/2025 - Sign In to see current Signals. |
Health Care Select Sector SPDR (XLV) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week for the Health Care Select Sector SPDR (XLV). During the week, the XLV gained 1.70 points, or 1.17%, and closed at 146.60 on Friday, March 21, 2025. It was the best weekly gain since January 31, 2025. Weekly volume was -11% below average.
Long-term trend: [See XLV long-term trend chart] A long-term uptrend had started on June 16, 2022 at 118.75 and reached 159.64 on September 4, 2024. XLV gained -40.89 points, or -34.43%, in 115 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 126.50 and resistance is at 165.27. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See XLV medium-term trend chart] A medium-term uptrend had started on December 19, 2024 at 136.00 and reached 150.30 on March 3, 2025. XLV gained -14.30 points, or -10.51%, in 10 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (148.52) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See XLV weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See XLV short-term trend chart] A short-term downtrend had started on March 3, 2025 at 150.30 and reached 143.40 on March 14, 2025. XLV lost 6.90 points, or 4.59%, in 11 days. The price is now at the 46.38% retracement level.
Daily Technical Indicators: [See XLV daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. The daily MACD line is below its signal line since March 7, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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