XSW: 9 MONTH BREAKOUTXSW is breaking out of its 9 month horizontal trading range. Higher highs on noted on the RSI and an uptrend in the MACD.
Key stats
About SPDR S&P Software & Services ETF
Home page
Inception date
Sep 28, 2011
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
XSW delivers a portfolio that targets the software and services segment of the US equity market. The software industry is extremely top-heavy and concentrated so ETFs providing exposure to the industry have to address these challenges. XSW does so by broadening its mandate to include services firms and equal-weighting its portfolio to reduce concentration in the top industry companies. Ultimately, the fund delivers on its mandate to invest in both software and services and emphasizes the latter. Its equal-weighting scheme produces tilts toward smaller, growth-oriented companies. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Technology Services
Stock breakdown by region
Top 10 holdings
XSW ETF Long-Term Trading Opportunity 1expect XSW to increase in value to around $170+- Dollar in 6-24 month+-
I have set up an order to buy at $139 per ETF unit for a total of 70 units.
I have no fixed take profit as of now, but a trailing stop loss will be implemented
Stop Loss is around $120+- (will be adjusted accordingly, this is
Possible Parabolic ArcETF but can still ARC
Most Arcs land between to 79% and 62% mark.
Some fall less, some fall more.
This is a weekly chart. ARCs are easier to see on monthly and weekly charts.
Too much green can cause a lot of red on the way down. Unfortunately, nothing goes up forever. A steep green rise is o
Cup and HandleI like trading ETFs and software seems like a winner to me! I am watching this closely. This particular ETF could have a nice reward too.
Target 1: 130 to 145
Target 2: 170 to 180
This one is pulling back right now and if I enter it I would have to play the stop by ear. There is a tiny gap that
Short Semiconductors ETF for next 6 monthHedge thrue software ETF, please consider Beta (both ETF) for this spread.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.