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Spdr Consumer Staples Select $XLP Technical Update

The Spdr Consumer Staples Select (NYSE: XLP) 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 XLP, 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 59.63 57.93 54.53
P2 59.94 59.49 58.27
P3 60.25 60.97 61.95
Triggers may have already come
Support and Resistance Plot Chart for XLP

Long Term Trading Plans for XLP

July 19, 2019, 8:45 pm ET

The Technical Summary and Trading Plans for XLP 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 XLP Report.

XLP - (Long) Support Plan

The technical summary data tells us to buy XLP near 58.27 with an upside target of 61.95. This data also tells us to set a stop loss @ 58.01 to protect against excessive loss in case the stock begins to move against the trade. 58.27 is the first level of support below 59.94 , and by rule, any test of support is a buy signal. In this case, support 58.27 is being tested, a buy signal would exist.

XLP - (Short) Resistance Plan

The technical summary data is suggesting a short of XLP as it gets near 61.95 with a downside target of 58.27. We should have a stop loss in place at 62.21 though. 61.95 is the first level of resistance above 59.94, and by rule, any test of resistance is a short signal. In this case, if resistance 61.95 is being tested, a short signal would exist.


XLP Long Term Analysis


XLP Dividend Chart

XLP Growth rate - Yearly

XLP PE chart

XLP PEG chart