US industrials ETF · decline in week 6
XLI slips 0.3%: a fresh 90-day low is rejected and the 50-week average holds
Our view last week
XLI, the US industrial sector ETF, snapped a 5-week losing streak: it closed up 0.4%, with 76% of volume on the buy side and money flow back above zero for the first time in 5 weeks. XLI technical analysis shows a decline that has paused without turning: the MACD has sat below its signal line for 6 weeks, and price action is squeezed between the 200-day moving average, in the 170.9 area, and the first support in the 170.2 area. The short is up 3.8%.
This week's summary
XLI, the US industrial sector ETF, printed a fresh 90-day low this week, in the 166 area, and failed to confirm it: the week closed down 0.3%, in the upper part of its range. XLI technical analysis stays split: the 50-week average held and money flow is positive for a 2nd week, but the 200-day average capped the recovery and the MACD has sat below its signal line for 7 weeks. Price action is as compressed as it was 7 days ago, and the short trade setup is now up 4.1%.
IQS Phase
73
in tension
Signal Strength
17
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#123 / 175
US stocks
Trade P&L %
+4.06%
from signal to date, no stop loss
Industrials US (XLI) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 123rd among the 175 sell signals for US stocks in our ranking, with a signal strength of 17 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -0.28% · monthly -1.64%
XLI belongs to the etf settoriale sector (reference ETF XLI). The sector is classified weak phase according to our weekly reading.
restricted Platinum content