XLV week 8: buy signal +8.76%, near record highs
XLV climbs 0.9% and returns to the edge of its record highs
XLV week 8: buy signal +8.76%, near record highs
Our view last week
After last week's 1.8% pullback, XLV — the US Health Care sector ETF — closes this week almost flat (+0.2%) and retraces another double bottom, this time in the 150 area with a 4% rebound. Weekly warning signs ease from three to two: selling pressure is loosening its grip. The buy trade is in its 7th week and is running +7.8% since entry, with signal strength holding steady at 35 out of 100.
This week's summary
XLV technical analysis: the US Health Care sector ETF bounces off its own 20-day moving average, in the 160 area, closing the week almost flat (+0.9%). The price is still hugging its all-time highs, a level already tested multiple times: little room to run before the next resistance. The buy signal is in its 8th week and is running +8.76% since entry, with signal strength holding steady at 35 out of 100 and the stop now at breakeven.
IQS Phase
70
in tension
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#101 / 124
US stocks in progress
Trade P&L %
+8.76%
from signal to today
Rank position
ranks 101st among the 124 Longs already running for US stocks in our ranking, with a signal strength of 35 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLV
Sector regimein positive regime
Performanceweekly +0.92% · monthly +6.01%
XLV belongs to the etf settoriale sector (reference ETF XLV). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content