US financials ETF · sell signal under observation
XLF gains 2.3% and reclaims its 50-week average as the decline loses steam
Our view last week
XLF, the US financial sector ETF, lost 2.5% and closed below its 50-week average, setting a fresh 30-day low. A week ago the weekly MACD had dropped under its signal line; now money flow has turned negative too, after 13 weeks above zero. XLF technical analysis shows a decline holding its pace, yet the daily RSI at 26 is oversold and the quality band flags trading as not recommended: for swing trading, a trade setup to follow with patience.
This week's summary
XLF, the US financial sector ETF, gained 2.3% after 4 weeks of losses and reclaimed its 50-week average, lost 7 days ago. On the daily chart the run of lower highs has been broken and the RSI is back at 46 from 26. XLF technical analysis shows a decline losing steam, with the weekly MACD still under its signal line: for swing trading, a trade setup to follow patiently, with trading not recommended.
IQS Phase
76
in tension
Signal Strength
19
decline losing steam
Sizing
MINIMUM
Ranking
#78 / 174
US stocks sell signals
Trade P&L %
+2.02%
from signal to date, no stop loss
Financials US (XLF) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 78th among the 174 sell signals for US stocks in our ranking, with a signal strength of 19 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLF
Sector regimeweak phase
Performanceweekly +2.32% · monthly -4.08%
XLF belongs to the etf settoriale sector (reference ETF XLF). The sector is classified weak phase according to our weekly reading.
restricted Platinum content