US industrial ETF, this week's technical turn
XLI ETF drops 3.4%: money flow turns negative after 12 weeks
Our view last week
XLI, the US industrial sector ETF, closes another positive week (+0.7%) and stays close to its highs: cash flow (CMF) improves for a third straight period, and the MACD keeps widening its lead over the Signal line. Buyers still control volume, at 70%, though the pace has cooled from a week ago. The trade is up 7.49% since entry.
This week's summary
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.
IQS Phase
40
ordinary
Signal Strength
29
low · fading
Sizing
MINIMUM
Ranking
#143 / 167
US stocks in progress
Trade P&L %
+3.88%
from signal to date, no stop loss
Rank position
ranks 143rd among the 167 Longs already running for US stocks in our ranking, with a signal strength of 29 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -3.36% · monthly +0.78%
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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