MACD turns bearish after 18 weeks, momentum cools
XLRE slips 0.4% as MACD snaps an 18-week bullish streak
Our view last week
After last week's pause, XLRE pushed higher again: buyers came back with conviction, 96% of the week's volume on their side, and the stock added another 0.6% with a 3% bounce off its own 20-day moving average. Price is still stuck under the 45.5 area, though — a level that has already turned back the rally three times: weekly momentum, now flat, says the push is losing steam right at the wall.
This week's summary
XLRE closes the week slightly lower, with an indecisive candle and a small body. The number that matters most is the MACD: after 18 weeks above its Signal line, it slipped below this week, while the histogram has been fading for four weeks straight. Buyers still dominate the volume, but with less conviction than last week, and money flow, positive for 13 weeks running, is starting to cool.
IQS Phase
51
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#87 / 167
US stocks in progress
Trade P&L %
+5.28%
from signal to date, no stop loss
Rank position
ranks 87th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLRE
Sector regimeweak phase
Performanceweekly -0.42% · monthly +0.16%
XLRE belongs to the etf settoriale sector (reference ETF XLRE). The sector is classified weak phase according to our weekly reading.
restricted Platinum content