pool adsSpdr S&p Semiconductor $XSD Technical Update
The Spdr S&p Semiconductor (NYSE: XSD) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for XSD, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Neutral | Neutral | Neutral |
| P1 | 65.43 | 60.11 | 64.87 |
| P2 | 67.78 | 65.82 | 72.83 |
| P3 | 69.36 | 70.97 | 80.14 |
Support and Resistance Plot Chart for XSD
Long Term Trading Plans for XSD
November 17, 2018, 8:30 pm ET
The Technical Summary and Trading Plans for XSD help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this XSD Report.
XSD - (Long) Support Plan
Buy over 64.87 target 72.83 stop loss @ 64.61.
The technical summary data tells us to buy XSD near 64.87 with an upside target of 72.83. This data also tells us to set a stop loss @ 64.61 to protect against excessive loss in case the stock begins to move against the trade. 64.87 is the first level of support below 69.28 , and by rule, any test of support is a buy signal. In this case, support 64.87 would be being tested, so a buy signal would exist.
XSD - (Short) Resistance Plan
Short under 72.83 target 64.87 stop loss @ 73.09.
The technical summary data is suggesting a short of XSD as it gets near 72.83 with a downside target of 64.87. We should have a stop loss in place at 73.09 though. 72.83 is the first level of resistance above 69.28, and by rule, any test of resistance is a short signal. In this case, if resistance 72.83 is being tested, so a short signal would exist.
