How the (XLP) price action is used to our Advantage
March 29, 2025, 03:54 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for XLP
- Buy XLP near 78.49 target 81.62 stop loss @ 78.26 Details
The technical summary data tells us to buy XLP near 78.49 with an upside target of 81.62. This data also tells us to set a stop loss @ 78.26 to protect against excessive loss in case the stock begins to move against the trade. 78.49 is the first level of support below 80.41 , and by rule, any test of support is a buy signal. In this case, support 78.49 would be being tested, so a buy signal would exist.
- Short XLP slightly under 81.62, target 78.49, stop loss @ 81.86 Details
The technical summary data is suggesting a short of XLP as it gets near 81.62 with a downside target of 78.49. We should have a stop loss in place at 81.86though. 81.62 is the first level of resistance above 80.41, and by rule, any test of resistance is a short signal. In this case, if resistance 81.62 is being tested, so a short signal would exist.
Swing Trading Plans for XLP
- Buy XLP slightly over 80.67, target 81.62, Stop Loss @ 80.44 Details
If 80.67 begins to break higher, the technical summary data tells us to buy XLP just slightly over 80.67, with an upside target of 81.62. The data also tells us to set a stop loss @ 80.44 in case the stock turns against the trade. 80.67 is the first level of resistance above 80.41, and by rule, any break above resistance is a buy signal. In this case, 80.67, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short XLP slightly near 80.67, target 79.31, Stop Loss @ 80.9. Details
The technical summary data is suggesting a short of XLP if it tests 80.67 with a downside target of 79.31. We should have a stop loss in place at 80.9 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 80.67, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for XLP
- Buy XLP slightly over 80.44, target 80.67, Stop Loss @ 80.25 Details
If 80.44 begins to break higher, the technical summary data tells us to buy XLP just slightly over 80.44, with an upside target of 80.67. The data also tells us to set a stop loss @ 80.25 in case the stock turns against the trade. 80.44 is the first level of resistance above 80.41, and by rule, any break above resistance is a buy signal. In this case, 80.44, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short XLP slightly near 80.44, target 79.31, Stop Loss @ 80.63. Details
The technical summary data is suggesting a short of XLP if it tests 80.44 with a downside target of 79.31. We should have a stop loss in place at 80.63 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 80.44, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Consumer Staples Select Sector Spdr (XLP) available here: XLP.
XLP Ratings for March 29:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
78.49 |
| P2 |
80.44 |
79.31 |
81.62 |
| P3 |
81.33 |
80.67 |
84.71 |
AI Generated Signals for XLP
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Consumer Staples Select Sector Spdr (NYSE: XLP) data table below can help you with price action, and we have more details too. Trading plans for XLP are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for XLP:
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