Sell signal · week 5 · US real estate ETF
XLRE sheds 1.8% and slips below its 200-week average in a 7th straight losing week
Our view last week
A sixth losing week for XLRE, the US real estate sector ETF: it sheds 2.3%, and money flow, which turned negative seven days ago, is still heading out. The weekly price action is blunt, with sellers dominant and buying below 25% of volume, while the daily chart keeps stacking lower highs. In this XLRE technical analysis the short is 5.4% in profit, and the price is now working right above its lows and the 200-week moving average, a tight spot for any swing trading setup.
This week's summary
XLRE, the US real estate sector ETF, loses 1.8% and closes below its 200-week average, which was still acting as a floor a week ago. It is the 7th straight losing week, with a fresh 90-day low along the way. In this XLRE technical analysis money flow keeps weakening and the daily price action lines up 4 lower highs; the daily RSI at 22 is oversold, though, so for a swing trading setup a technical bounce has to be factored in. The short is 7.1% in profit.
IQS Phase
77
in tension
Signal Strength
100
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#5 / 175
US stocks
Trade P&L %
+7.10%
from signal to date, no stop loss
Real Estate US (XLRE) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 5th among the 175 sell signals for US stocks in our ranking, with a signal strength of 100 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLRE
Sector regimeweak phase
Performanceweekly -1.80% · monthly -6.68%
XLRE belongs to the etf settoriale sector (reference ETF XLRE). The sector is classified weak phase according to our weekly reading.
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