XLI: fresh Sell signal, week 1
XLI drops 1.7%: the long in management gives way to a fresh Sell signal
Our view last week
XLI, the US industrial sector ETF, shifts gears after weeks of gains: money flow turns negative for the first time in 12 weeks, and sellers take control of volume at 91%. The MACD drops below the Signal line, and on the daily chart the price is forming a sequence of lower highs toward the 187 area. The trade still holds a gain, with the residual capital protected by a trailing stop.
This week's summary
Weekly technical analysis confirms the breakdown already flagged: on XLI, the US industrial sector ETF, a new Sell signal triggers this week. Price gives back 1.7%, and the daily price action prints a sequence of 4 lower highs, from the 188 area to the 181 area. Signal strength is high, 69 out of 100, reading a downtrend making lower lows with pace holding. The setup is stretched (IQS 86 out of 100), and our model flags trading as not recommended.
IQS Phase
86
in tension / maturity
Signal Strength
69
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#7 / 96
New us stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Rank position
ranks 7th among the 96 sell signals for US stocks in our ranking, with a signal strength of 69 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -1.73% · monthly +0.27%
XLI belongs to the etf settoriale sector (reference ETF XLI). The sector is classified weak phase according to our weekly reading.
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