Utilities Select Sector Spdr $XLU Trading Report

The Utilities Select Sector Spdr (NYSE: XLU) 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 XLU, 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 Strong Neutral Strong
P1 0 0 60.96
P2 63.64 63.11 62.94
P3 64.57 64.18 64.84

Long Term Trading Plans for XLU

October 23, 2019, 11:30 pm ET

The Technical Summary and Trading Plans for XLU 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 XLU Report.

XLU - (Long) Support Plan

The technical summary data tells us to buy XLU near 62.94 with an upside target of 64.84. This data also tells us to set a stop loss @ 62.68 to protect against excessive loss in case the stock begins to move against the trade. 62.94 is the first level of support below 64.6 , and by rule, any test of support is a buy signal. In this case, support 62.94 is being tested, a buy signal would exist.

XLU - (Short) Resistance Plan

The technical summary data is suggesting a short of XLU as it gets near 64.84 with a downside target of 62.94. We should have a stop loss in place at 65.1 though. 64.84 is the first level of resistance above 64.6, and by rule, any test of resistance is a short signal. In this case, if resistance 64.84 is being tested, a short signal would exist.

XLU Long Term Analysis

XLU Dividend Chart

XLU Growth rate - Yearly

XLU PE chart

XLU PEG chart