US healthcare ETF · open long, week 19
XLV rebounds 2.8% and reclaims its short-term averages as money flow turns up
Our view last week
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.
This week's summary
XLV, the US healthcare sector ETF, gains 2.8% and wipes out last week's drop in full: in one week price is back above its 20-day and 50-day averages, and money flow, which had dipped below zero, climbs to its highest reading in 4 weeks. XLV technical analysis still carries one shadow: the MACD histogram falls for a 7th week and momentum slows. The trade is up 14.3% since entry, a swing trading case to follow through price action just below the highs.
IQS Phase
60
ordinary
Signal Strength
38
medium · weak
Sizing
REDUCED
Ranking
#71 / 92
US stocks in progress
Trade P&L %
+14.28%
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 71st among the 92 Longs already running for US stocks in our ranking, with a signal strength of 38 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLV
Sector regimein positive regime
Performanceweekly +2.79% · monthly +2.54%
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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