May 10, 2025, 04:36 am ET, BY Neal - Contributor |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for XLE
- Buy XLE near 80.34 target 86.49 stop loss @ 80.11 Details
The technical summary data tells us to buy XLE near 80.34 with an upside target of 86.49. This data also tells us to set a stop loss @ 80.11 to protect against excessive loss in case the stock begins to move against the trade. 80.34 is the first level of support below 82.43 , and by rule, any test of support is a buy signal. In this case, support 80.34 would be being tested, so a buy signal would exist.
- Short XLE slightly under 86.49, target 80.34, stop loss @ 86.74 Details
The technical summary data is suggesting a short of XLE as it gets near 86.49 with a downside target of 80.34. We should have a stop loss in place at 86.74though. 86.49 is the first level of resistance above 82.43, and by rule, any test of resistance is a short signal. In this case, if resistance 86.49 is being tested, so a short signal would exist.
Swing Trading Plans for XLE
- Buy XLE slightly over 86.49, target 92.26, Stop Loss @ 86.24 Details
If 86.49 begins to break higher, the technical summary data tells us to buy XLE just slightly over 86.49, with an upside target of 92.26. The data also tells us to set a stop loss @ 86.24 in case the stock turns against the trade. 86.49 is the first level of resistance above 82.43, and by rule, any break above resistance is a buy signal. In this case, 86.49, 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 XLE slightly near 86.49, target 81.85, Stop Loss @ 86.74. Details
The technical summary data is suggesting a short of XLE if it tests 86.49 with a downside target of 81.85. We should have a stop loss in place at 86.74 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, 86.49, 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 XLE
- Buy XLE slightly over 86.49, target 92.26, Stop Loss @ 86.29 Details
If 86.49 begins to break higher, the technical summary data tells us to buy XLE just slightly over 86.49, with an upside target of 92.26. The data also tells us to set a stop loss @ 86.29 in case the stock turns against the trade. 86.49 is the first level of resistance above 82.43, and by rule, any break above resistance is a buy signal. In this case, 86.49, 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 XLE slightly near 86.49, target 82.02, Stop Loss @ 86.69. Details
The technical summary data is suggesting a short of XLE if it tests 86.49 with a downside target of 82.02. We should have a stop loss in place at 86.69 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, 86.49, 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 The Energy Select Sector Spdr Fund (XLE) available here: XLE.
XLE Ratings for May 10:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
80.34 |
P2 |
80.58 |
79.83 |
86.49 |
P3 |
82.02 |
81.85 |
92.26 |
AI Generated Signals for XLE
Blue = Current Price
Red = Resistance
Green = Support
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