Killy_Mel
Long

MACRO VIEW: XLU STRUGGLING TO GET BACK INTO MACRO UPTRENDS

AMEX:XLU   SPDR SELECT SECTOR FUND - UTILITIES
XLU             - the SPDR utilities sector ETF is struggling to get back into macro uptrends, while showing no bias on short term.

On long term perspective the price is trading around upper 1st standard deviation from 5-year mean, which is a 5-year uptrend border. The price is also technically in 10-year uptrend, trading above the upper 1st standard deviation from 10-year mean.

Thus one can only say that XLU             has restored its long term upward bias if it trades firmly back above 44             .

On short term basis price is trading within 1st standard deviation from both 1-year and quarterly mean, showing no directional bias at the moment.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out