$XLU - Great Entry Price if Channel HoldsAMEX:XLU If price can holds within this channel, looks like a great entry price. Will need to monitor price compared to the overall market to gain confidence the sector will be resilient, but there's potential. Longby TheGritz1
Utility Stocks Broke Out. Now They’re Pulling Back.Utilities are one of the few parts of the market to hit new highs recently. Now, after a pullback, some dip buyers may get interested in the sector. This chart of the SPDR Utility ETF highlights the $71.10 level where prices peaked in February 2020. XLU was stuck below its old highs throughout the pandemic, and only broke out in March 2022. It’s now pulling back toward that level. Will old resistance become new support? Second, the 50-day simple moving average (SMA) is rising from below. Will it also provide support? (As an interesting side note, TradeStation data shows that only three of 11 sector funds closed above their 50-day SMAs yesterday. Consumer Staples and REITs were the other two.) Third, XLU’s stochastic indicator has slipped into oversold territory. Finally, it’s interesting that the recent strength in utilities has occurred after the broader market corrected. That suggests utilities are serving their traditional role as safe havens . TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation10
Utilities have received too much attentionMassive debt and great share of fuel in expenses can't justify this run. XLU back under resistance by DRWN_biz0
4/24/22 XLUSPDR Select Sector Fund - Utilities ( AMEX:XLU ) Sector: Miscellaneous (Investment Trusts/Mutual Funds) Market Capitalization: $ -- Current Price: $74.25 Breakout price: $77.20 Buy Zone (Top/Bottom Range): $74.05-$71.25 Price Target: $76.60-$77.30 (1st), $82.60-$84.10 (2nd) Estimated Duration to Target: 24-25d (1st), 109-114d (2nd) Contract of Interest: $XLU 5/20/22 75c, $XLU 12/16/22 75c Trade price as of publish date: $1.72/contract, $4.50/contractLongby lord_catnip0
Will XLU continue to push forward?XLU looking to repeat itself. Will it continue forward? looking for a break above.by brentmisenko330
Market trendsThe market has gone through so many trend cycles in the past few years. Sometimes trends last a few days, weeks, months or even years. Clearly the 2022 trend so far has been Energy, Commodities & Utilities. What do you think the next trend is and how long do these trends last? Drop a line with your ideas. Here's a 3-split chart of XLU, XLE & COMT, 15m, 1hr & 4hr charts. Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.comby Options360Updated 1
XLU Bullish Flag BreakoutXLU formed a bullish flag pattern after breaking out of a descending trendline recently Price has broken and closed above the flag which is the resistance on 15 March Long 700 shares at 71. 01 Stop loss will be previous pivot lowLongby khaimedic413Updated 0
Utilities vs SPYThe sector showing RS vs broader market. Several names on my scan too. See XLU having bottomed vs SPY and now breaking to upside of 10-month base. by LD_Perspectives0
Utilities struggling with high energy pricesLast time I underestimated oil and gas prices as a cost for utilities. For now dont see any significant downturn there. Labour cost doesnt help as wellby DRWN_biz0
CypherI have noted many are seeking out utilities for a bit of stability. XLU is an ETF slammed packed with utilities. It is a product of the SPDR ETFs. Cypher which has the 2nd leg retracement pull between the .382 and the ,618 This one appears to have pulled to the ,618. Labeled XABCD and stop is below D somewhere. Peak 2 is higher than peak 1. This could be safer than individual utility stocks and the dividend is good. Little more reach for the .786 of XC which is where the cypher lands. Patience is a virtue. No recommendation. Gap noted on XA which could serve as support. Yield is 3.18% Top 10 Holdings NextEra Energy Inc 18.15% Duke Energy Corp 7.99% Southern Co 7.20% Dominion Energy Inc 6.30% Exelon Corp 5.60% American Electric Power Co Inc 4.44% Sempra Energy 4.19% Xcel Energy Inc 3.61% American Water Works Co Inc 3.40% Public Service Enterprise Group Incby lauralea443
December to date sector performanceXLU = Utilities +5.27% IYR = Real Estate +3.10% IYT = Transportation +1.57% XLF = Financial +1.51% XLC = Communication +1.19% XLK = Technology -0.32% IBB = Biotechnology 0% XLE = Energy -0.59% SMH = Semiconductor -3.17% XRT = Retail -6.15% Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification www.tradingview.com by Options3600
UtilitiesA very mild uptrend with a major resistance @feb 2020 highs. Rather a defensive sector, but very linked to PMIsby DRWN_biz0
XLU Test of the ATH!XKU gaining strength A test of $70 is exp. - or to new highs. act. structure shows no potential for a bigger downmove. hm.. let´s see.Longby rondoinvest21Updated 0
XRT weekly Wolfe Wave bearishA Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.Shortby defiantroa0
$XLU with a potential sideways C&H!Not the most exciting sector, but it has been known to move. Worth watching at these levels.by UnknownUnicorn31622321
Long XLU short IWMIt is time to go defensive again. ISM PMI declining from expansion, historical high percentiles of distribution. US10Y going down together with ISM. Long Utilities as defensive sector, short IWM small-caps high-beta assets. Best,by TG_Advisory332
XLU to Outperfom Broad market valuations are stretched beyond the historical averages, growth and cyclical technicals are in overbought conditions on many time frames, in addition key economic indicators are turning down as it appears we are mid cycle transitioning into phase 3 of the business cycle where we tend to see defensives, bonds and the Dollar outperform as the yield curve flattens. Yields are pushing lower as market participants price in a Fed policy error as tapering begins this month. From a technical perspective, XLU is trading near its key moves averages which are stacked at $66, XLU put in short term double bottom at $63.50 back in early October and is currently in a bull flag formation, I expect continuation to the upside as market participants seek protection and yield. In addition, XLU/SPX is trading at a key support in a falling wedge signaling outpeformance in the near term. Profit Target 1: 71 (previous all time highs) Profit Target 2: 78 Utilities tend to move parabolic before a broad market decline. $78 target would be a blow off top scenario. ___________________________ ✅ If you found this idea useful, hit the like button, follow & share. ✅ Follow for swing ideas, trade setups and weekly 0DTE income trades. ✅ Don't hesitate to post comments, opinions and questions. 💸 WHAT IS 0DTE TRADING? The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Most options expire worthless and we take advantage of this by selling credit spreads to collect premium. This strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more! by 0dteTraders1
Market "Risk Off" indicators warranting attentionThe long-term stock market trend unquestionably continues to be an upward one. However, there are seasonal and other factors (such as market breadth, etc) that may be pointing towards a potential pause or reversal. Since no single indicator is fool-proof, a "weight of the evidence" approach is always warranted. Such an approach ideally includes a variety of indicators that could offer an advance signal of a switch from "risk on" to "risk off" environments. One such measure to consider in your toolbox is how defensive equities such as Utilities (typically sought out for their yield) are faring against the broader equity market. The accompanying relative strength measure plotting $XLU against $SPY has broken trend and reversing upward for the last several weeks. Again, not overwhelming by itself, but when coupled with other indicators (such as previously posted JNK or XLP updates) it warrants continued monitoring in the coming weeks.by jay_S_Updated 1
Short term upswingNo fundamental support. Just technicals and hopes. Don't follow my idea without doing your research.Longby rezmeplx0
XLU, Immediate term trade and trend [08OCT2021]XLU went strong bearish. I love to add this to short side of my portfolio, but my broker doesn't unfortunately allow it. Then why do I track it? well, The code tracks sectors and ETFs to give a current weather of the market. From what I can see so far, we are headed to another liquidity rush. Where, Equities make new all time highs. If you can add it to the short side, I would suggest also adding XLF to the long side, along with a small XLK position too. Let's see how this plays out ReddShortby reddan2560
XLU at the bottom of the channelThis has traded within a channel for over a year. No reason to think it won't continue.by competitiveDia367870
XLU looking for Fibonacci extension.Utilities keeps pushing higher and is looking to be chasing for the extension to the 1.272 fib. This is a long term play that I have been looking at for a while now.Longby HOOPFOOD4