Health Care Sector Is A ShortAnother short setup based on a hidden bearish divergence in the OBV.
We also expect price losses in the Health Care sector in the medium term up to the range shown.
Key stats
About SPDR Select Sector Fund - Health Care
Expense ratio
0.09%
Home page
Inception date
Dec 16, 1998
XLV dominates the US health care segment on practically every measure. The fund provides exposure to companies in pharmaceuticals, health care equipment and supplies, health care providers and services, biotechnology, life sciences tools and services, and health care technology industries. XLV is the oldest in the segment, as such it is used widely for strategic or tactical positions. Since XLV is both cap weighted and fishes only from the S&P 500, it tilts heavily toward mega-caps. For focused exposure to leading health care names, XLV is tough to beat.
Classification
What's in the fund
Exposure type
Health Technology
Health Services
Stock breakdown by region
Health Care ETF May Have Broken OutMany observers have spoken recently about market rotation. They often cite money shifting from megacaps to small caps. But another forgotten sector could be benefiting as well: healthcare.
The first pattern on today’s chart of the SPDR Select Sector Health Care ETF is the June 24 close of $147.09.
XLV BreakoutThe XLV is breaking out after testing the $147-$148 area as resistance since late February. It finally broke out recently and came back down to retest the area as support yesterday, successfully. 1st Upside target is $157, followed by $162 for a secondary target. As markets are falling this week, he
Healthcare sector strongAMEX:XLV had a breakout this week and looks to have successfully retested the breakout and bounced today (July 19, 2024)
Many names in the sector are reporting in the next few weeks and are expected to post good numbers and improved guidance
can see new ATH in the next few weeks IMO
good RR with st
XLV is shaping falling wedgeBullish context: weekly uptrend
Price position: near last weekly trend low
Pattern: four consecutive red days with little upthrust (progression of lows)
It looks like previous weekly consolidation area is providing support, and bears are too exhausted to break through it now.
This provides an
XLV is in tight equilibrium; will break soonAMEX:XLV has formed a five-week equilibrium. The price contraction is already quite tight, indicating that this equilibrium could break very soon. The context is highly bullish: the XLV price is on a weekly uptrend, and the broader market is also showing strong performance. The odds are in favor of
XLV Weekly Chart The healthcare sector seems really indecisive if you ask me. Look at all those doji candlesticks. I see why you're not supposed to make moves on these type of candle prints. Especially for someone like me who is a trend trader by nature. We have no choice but to wait and see which way the market wan
The Healthcare Sector Index $XLV - Worth Watching SPDR Select Sector Fund – Healthcare Index AMEX:XLV
The chart speaks for itself, we have our breakout levels and our break down levels. We enter on a breakout and set a stop 5% under that support and we exit and or short if we fall under the two underside support levels.
Below I outline some re
XLV bearHealthCare looks to have just closed the week with a failed breakout.
Getting a weekly close below the impulse breakout green canceled is never a good sign.
technical overbought instrument awaiting pullback
XLV diamond top - remember XLU?AMEX:XLU has long been considered a safe sector for fixed income. Increasing cost of debt and regulatory restrictions on revenue with continued rising rates eventually pushed the largest growth opportunities in the sector out of favor and put downward pressure on the entire sector. Before the marke
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Displays a symbol's price movements over previous years to identify recurring trends.