Trading Signals: XLP Stock Price Prediction and Forecast

^ XLP: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Fri. Apr. 16, 2021

Trading Signals: XLP Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Apr. 16, 2021)

(Consumer Staples sector ETF)
XLP latest price $69.8100 (0.58%) ($69.4300 - $69.9500) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   Uptrend
Average Daily Price Swing   $0.99 (1.45% one month average)
Average Daily Percentage Swing   0.77% (three month average)
Weekly Trend Force   0.3% (StdDev 0.77%)
Daily Moving Force   0.4%
Correction Force   Weak (0%)
Hourly Trend Strength   0.48%
Trend   0.14%
Trend Strength   1%
Trend Clarity   0.21(0.3/0.99/68.46)
RSI   61
Momentum   1.9
Latest Price   $69.8100(0.58%)
Forecasted Low Price   69.67(-0.2%)
Forecasted High Price   70.44(0.9%)
Direction of Next Movement   Higher(0.9%)
% Change Needed to Confirm Correction   2.1% (68.39)
% Change Needed for Trend Reversal   1.4%
Hourly Trend 0.6% [$69.48(0.45), $69.19(0.15)]
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Complacency   5
Intraday Reversal Probability   There's a high probability the price will reverse sharply to downside intraday or next day..
Daily Trend   XLP advances 0.3% a day on average for past five trading days.
Weekly Trend   XLP advances 0.5% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support XLP advance at 0.2% a week (77% probability)
SDY(75%)    SPLV(74%)    IWD(62%)    PAVE(62%)    XLB(60%)
Factors Impacting XLP price   XLP will advance at least -0% in a week (49% probabilities).
JETS(-55%)    REMX(-53%)    VXX(-46%)    XOP(-44%)    XLE(-43%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1.1

Relative Volatility -1.2 (options are cheap)

Market Trend Strength   0.5% (StdDev 0.77%)
Hourly BBV 1.8 ()
Intraday Trend 0.2%

Next Day Open Price   $69.89(0.12%)
Support Level   $68.46
5 Day Moving Average   $69.26(0.79%)
10 Day Moving Average   $69.13(0.98%)
20 Day Moving Average   $68.46(1.97%)
To recent high   0%
To recent low   10.3%
Market Cap   $N/A

Option Sentiment

One Year Target Price    $74.45 (6.65%)

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. XLP price fluctuates within 1.45% (three month std-dev: 0.77% one year average std_dev: 0%) daily (68% of days).
$. XLP price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Hourly Trend Strength	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Apr_16_2021	68.46 (0.2%)	69.13 (0.2%)	69.26 (0.3%)	69.19	69.48(0%)	69.81(0.58%)	69.43-69.95	1(1.4)	1.8	0.4%	0.3%	0%	0.48%	0.14%	1%	61	1.9	Growing Uptrend	Higher(0.7%)	5	-1.1	-0.3	Uptrend	70.03(0.31%)	69.58-70.21	7.66	0%-10.3%
2	Apr_15_2021	68.28 (0.2%)	68.95 (0%)	69.08 (0.1%)	69.04	69.03(0%)	69.41(0.8%)	69.02-69.52	0.9(1.1)	-0.2	0.1%	0.2%	0%	0.14%	0.12%	1%	67	2	Growing Uptrend	Range(0.3%)	4	-1.3	-0.4	Uptrend	69.62(0.3%)	69.22-69.78	7.71	0%-9.7%
3	Apr_14_2021	68.13 (0.2%)	68.84 (0.2%)	69.01 (-0%)	68.96	68.9(0%)	68.86(-0.09%)	68.57-68.96	1(0.7)	0.2	-0.1%	0.1%	0%	-0.14%	0.16%	1%	69	2.1	Correction	Range(0%)	5	-1.2	-0.5	Uptrend	69.12(0.38%)	68.72-69.3	12.09	-0.6%-8.8%
4	Apr_13_2021	68.02 (0.2%)	68.81 (0.2%)	69.03 (-0.1%)	69.01	69.05(0%)	68.92(-0.53%)	68.83-69.18	1.1(0.8)	0.2	%	0%	0%	0.13%	0.2%	1.2%	66	2.1	Correction	Range(0.3%)	6	-1.4	-0.8	Uptrend Consolidation	68.76(-0.23%)	68.58-69.3	11.98	-0.5%-8.9%
5	Apr_12_2021	67.9 (0.2%)	68.84 (0.2%)	69.07 (0.1%)	69.04	69.02(0%)	69.29(0.54%)	68.92-69.3	1.2(1.2)	0.2	0.1%	0.1%	0%	0.07%	0.26%	1.4%	71	2.2	Growing Uptrend	Range(0.2%)	6	-0.9	-0.8	Uptrend	69.78(0.71%)	69.03-70.1	10.09	0%-9.5%

6	Apr_9_2021	67.74 (0.2%)	68.77 (0.4%)	68.98 (0.3%)	69.01	68.96(0%)	68.92(-0.17%)	68.5-69.21	1.3(1)	0.3	%	0.2%	0%	-0.16%	0.3%	1.5%	72	2.2	Growing Uptrend	Range(0.3%)	7	-1.1	-1.2	Uptrend	69.51(0.86%)	68.72-69.86	7.02	-0.5%-8.9%
7	Apr_8_2021	67.58 (0.4%)	68.63 (0.4%)	68.8 (0.2%)	68.93	69.06(0%)	69.04(0.1%)	68.86-69.18	1.3(1.2)	-0.6	0.2%	0.3%	0%	-0.1%	0.3%	1.5%	74	2.3	Growing Uptrend	Higher(0.5%)	8	-0.5	-1.4	Uptrend	69.64(0.87%)	68.77-70.01	10.24	-0.3%-9.1%
8	Apr_7_2021	67.42 (0.4%)	68.41 (0.4%)	68.65 (0.1%)	68.68	69.05(0%)	68.97(-0.25%)	68.88-69.35	1.3(1.3)	-0.2	0.3%	0.3%	0%	0.17%	0.32%	1.5%	70	2.3	Growing Uptrend	Higher(0.7%)	8	-0.2	-1.7	Uptrend	69.58(0.88%)	68.69-69.95	20.76	-0.4%-9%
9	Apr_6_2021	67.22 (0.4%)	68.22 (0.4%)	68.56 (-0%)	68.51	68.81(0%)	69.14(0.42%)	68.68-69.4	1.3(1.5)	0.6	0.4%	0.3%	0%	0.58%	0.32%	1.5%	70	2.4	Growing Uptrend	Higher(0.7%)	8	0	-1.9	The Top	69.51(0.54%)	68.08-70.68	19.3	-0.2%-9.2%
10	Apr_5_2021	67.01 (0.4%)	67.98 (0.4%)	68.59 (0.1%)	68.46	68.3(0%)	68.85(1.28%)	68.15-69.22	1.3(1.5)	1.2	0.1%	0.3%	0%	0.16%	0.34%	1.4%	70	2.4	Growing Uptrend	Higher(0.4%)	7	-0.3	-2	Uptrend	69.56(1.03%)	68.53-70	20.09	-0.6%-8.8%

11	Apr_1_2021	66.8 (0.4%)	67.74 (0.4%)	68.53 (0.2%)	68.46	68.21(0%)	67.98(-0.48%)	67.53-68.33	1.4(0.8)	-1.3	-0.3%	0.3%	0%	-0.38%	0.34%	1.4%	68	2.8	Uptrend	Range(0.2%)	7	0.1	-2.3	Uptrend	68.88(1.33%)	67.8-69.35	21.19	-1.9%-7.4%
12	Mar_31_2021	66.58 (0.4%)	67.56 (0.4%)	68.42 (0.5%)	68.52	68.63(0%)	68.31(-0.32%)	68.16-68.78	1.6(1.1)	-2.4	0.1%	0.3%	0%	-0.17%	0.34%	1.5%	74	3	Growing Uptrend Correction	Higher(0.6%)	7	1	-1.8	Uptrend	69.27(1.4%)	68.04-69.79	18.24	-1.4%-7.9%
13	Mar_30_2021	66.34 (0.4%)	67.38 (0.4%)	68.1 (0.4%)	68.17	68.83(0%)	68.53(-1.07%)	68.4-69.21	1.6(1.4)	0.9	0.6%	0.3%	0%	0.66%	0.32%	1.6%	74	3	Uptrend Dip	Higher(1.4%)	7	1.5	-2.5	Uptrend	69.36(1.21%)	68.13-69.89	14.04	-1.1%-8.3%
14	Mar_29_2021	66.11 (0.2%)	67.17 (0.4%)	67.8 (0.8%)	67.68	68.41(0%)	69.27(1.01%)	68.35-69.34	1.6(2.1)	1.4	1%	0.4%	0%	0.99%	0.3%	1.6%	86	3	Growing Uptrend	Higher(1.4%)	7	2.2	-2.3	Overbought	68.51(-1.1%)	67.04-70.7	11.86	0%-9.4%
15	Mar_26_2021	65.83 (0.2%)	66.87 (0.2%)	67.29 (0.7%)	67.19	67.52(0%)	68.58(1.77%)	67.28-68.62	1.5(1.9)	4.4	0.7%	0.4%	0%	0.36%	0.26%	1.6%	84	2.9	Growing Uptrend	Higher(1.1%)	7	1.9	-2	Uptrend	69.2(0.91%)	68.06-69.69	15.1	0%-8.3%

16	Mar_25_2021	65.57 (0.2%)	66.61 (0.2%)	66.85 (0.4%)	66.77	66.94(0%)	67.39(0.97%)	66.5-67.47	1.3(1.4)	0	0.2%	0.3%	0%	0.06%	0.22%	1.6%	81	2.7	Growing Uptrend	Higher(0.5%)	7	2	-2.2	Uptrend	67.89(0.74%)	67.06-68.25	14.76	-0.1%-6.5%
17	Mar_24_2021	65.41 (0.2%)	66.43 (0.2%)	66.6 (0.1%)	66.59	66.86(0%)	66.74(-0.39%)	66.59-67.18	1.2(1.1)	0.6	0.3%	0.1%	0%	0.33%	0.22%	1.6%	85	2.6	Growing Uptrend	Higher(0.6%)	7	2	-1.8	Relative Overbought	67.02(0.42%)	66-67.85	15.83	-1.1%-5.4%
18	Mar_23_2021	65.32 (0.2%)	66.34 (0.4%)	66.53 (0.1%)	66.42	66.6(0%)	67(0.42%)	66.53-67.31	1.3(1.4)	1.2	0.3%	0.3%	0%	0.32%	0.26%	1.6%	84	2.5	Growing Uptrend	Higher(0.6%)	7	2.3	-2.2	Uptrend	67.5(0.74%)	66.7-67.84	13.22	-0.7%-5.8%
19	Mar_22_2021	65.21 (0%)	66.13 (0.4%)	66.44 (0.1%)	66.33	66.31(0%)	66.72(0.51%)	65.86-66.76	1.3(1.4)	3.2	%	0.2%	0%	0.17%	0.28%	1.4%	78	2.3	Growing Uptrend	Range(0.2%)	7	1.4	-1	Uptrend	67.23(0.76%)	66.44-67.56	14.5	-1.1%-5.4%
20	Mar_19_2021	65.12 (0%)	65.96 (0.4%)	66.38 (0.1%)	66.33	66.25(0%)	66.38(0.35%)	66.06-66.56	1.4(1.2)	-1.7	-0.1%	0.2%	0%	-0.05%	0.3%	1.3%	75	2.1	Uptrend Consolidation	Range(0.1%)	8	1.9	-0.1	Uptrend	66.82(0.67%)	66.14-67.12	20.81	-1.6%-4.9%

21	Mar_18_2021	65.04 (0%)	65.8 (0.4%)	66.34 (0.2%)	66.37	66.34(0%)	66.15(-0.41%)	65.83-66.52	1.4(1.1)	-2	-0.1%	0.3%	0%	-0.18%	0.32%	1.2%	77	2	Uptrend	Higher(0.4%)	9	1.1	-1.3	Growing Uptrend	66.77(0.94%)	65.97-66.97	14.49	-2.6%-4.5%
22	Mar_17_2021	65.01 (0%)	65.54 (0.4%)	66.23 (0.2%)	66.33	66.49(0%)	66.42(-0.15%)	66.2-66.82	1.5(1.4)	-2.1	0.2%	0.3%	0%	0.21%	0.28%	0.8%	65	2	Growing Uptrend	Higher(0.6%)	9	-0.2	-0.4	Growing Uptrend	66.94(0.79%)	66.19-67.14	12.25	-2.2%-4.9%
23	Mar_16_2021	64.97 (0%)	65.26 (0.4%)	66.1 (0.5%)	66.14	66.41(0%)	66.52(0.12%)	66.36-66.73	1.4(1.6)	2.4	0.4%	0.3%	0%	0.32%	0.24%	0.4%	58	1.9	Growing Uptrend	Higher(0.7%)	8	0.5	-0.4	Growing Uptrend	66.98(0.69%)	66.25-67.16	13.47	-2.1%-5.1%
24	Mar_15_2021	64.91 (0%)	64.99 (0.2%)	65.78 (0.4%)	65.87	66.16(0%)	66.44(0.44%)	66.04-66.5	1.2(1.7)	-0.2	0.4%	0.3%	0%	0.2%	0.18%	0.1%	57	1.8	Growing Uptrend	Higher(0.7%)	7	0.2	0.6	N/A	66.44(0%)	65.67-67.07	8.37	-2.2%-5%
25	Mar_12_2021	64.86 (-0%)	64.73 (0.2%)	65.49 (0.4%)	65.57	65.88(0%)	66.15(0.82%)	65.8-66.24	0.9(1.5)	0.6	0.4%	0.3%	0%	0.2%	0.12%	-0.2%	57	1.7	Growing Uptrend	Higher(0.7%)	6	0.4	0.1	Uptrend Reversal	66.43(0.42%)	66.19-66.59	9.67	-2.6%-4.5%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low