US healthcare ETF · open long, week 18
XLV drops 2.6% and breaks its run of higher lows as money flow turns negative
Our view last week
XLV, the US healthcare sector ETF, extends its recovery: +1.4% on the week, with buyers taking 82% of the volume, up from 76% a week earlier, and money flow strengthening above zero. XLV technical analysis backs the rebound after the early-September dip, yet the MACD histogram slides for a 5th week and overall volume is shrinking. The trade is +14.2% since entry: a swing trading case to follow through its price action.
This week's summary
XLV, the US healthcare sector ETF, loses 2.6% and halts its 2-week recovery: on the daily chart the run of 4 higher lows has been broken, and money flow, positive until a week ago, slips back below zero. XLV technical analysis still shows a bullish backdrop, with the weekly moving averages in order, yet the MACD histogram falls for a 6th week. The trade stays at +11.2% since entry: a swing trading case where price action trading over the coming sessions sets the tone.
IQS Phase
55
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#63 / 93
US stocks in progress
Trade P&L %
+11.18%
from signal to date, no stop loss
Health Care US (XLV) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 63rd among the 93 Longs already running for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLV
Sector regimein positive regime
Performanceweekly -2.65% · monthly -3.91%
XLV belongs to the etf settoriale sector (reference ETF XLV). The sector is classified in positive regime according to our weekly reading.
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