Materials Select Sector Spdr $XLB Trading Report

The Materials Select Sector Spdr (NYSE: XLB) 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 XLB, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Neutral Neutral Neutral
P1 0 0 52.96
P2 57.11 56.91 56.53
P3 57.91 58.38 59.73

Long Term Trading Plans for XLB

October 23, 2019, 9:45 pm ET

The Technical Summary and Trading Plans for XLB 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 XLB Report.

XLB - (Long) Support Plan

The technical summary data tells us to buy XLB near 56.53 with an upside target of 59.73. This data also tells us to set a stop loss @ 56.27 to protect against excessive loss in case the stock begins to move against the trade. 56.53 is the first level of support below 57.45 , and by rule, any test of support is a buy signal. In this case, support 56.53 is being tested, a buy signal would exist.

XLB - (Short) Resistance Plan

The technical summary data is suggesting a short of XLB as it gets near 59.73 with a downside target of 56.53. We should have a stop loss in place at 59.99 though. 59.73 is the first level of resistance above 57.45, and by rule, any test of resistance is a short signal. In this case, if resistance 59.73 is being tested, a short signal would exist.

XLB Long Term Analysis

XLB Dividend Chart

XLB Growth rate - Yearly

XLB PE chart

XLB PEG chart