SELECT SECTOR SPDR ENERGY FUND (XLE) d/w/m

The Energy Select Sector SPDR (ETF) (NYSE ARCA: XLE)
 The d/w/m in the blog title indicates the blog includes a daily, weekly, and monthly chart analysis.
 The Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services. The Fund’s investment advisor is SSgA Funds Management, Inc.
 I.   SELECT SECTOR SPDR ENERGY FUND  (XLE)  by the numbers:

$61.145 down -$1.095 (-1.76%)  as of 10:11:23am ET 12/08/2015

 Price Performance (Last 52 Wk) as of 12/07/2015  -22.47%
Volume  7,562,499
Volume (90-Day Average) 19,696,661
Indicative Intraday Value As of 10:11:14am ET 12/08/2015  61.2182
NAV (Previous Day) AS OF 12/07/2015   62.239
Bid/Ask Midpoint (Previous Day) AS OF 12/07/2015  62.245
Bid/Ask Spread (1 Month Average) as of 10/30/2015  0.02%
Premium / Discount (Previous Day) as of 12/07/2015  0.00%
Premium / Discount (1 Month Rolling Average) as of 12/07/2015  0.00%
 Tracking Error 0.04
Volume  11,626,986
Average Volume (10-Day)  20,151,664
Average Volume (90-Day)  19,696,661
52-Week High 05/05/2015  83.66
52-Week Low 08/24/2015  58.74
Price Performance (Last 52 Wk) 12/07/2015  -22.47%
Net Assets AS of 11/30/2015  $12.3B
Net Flows (Prior Trading Day)  -$275,018K
Shares Outstanding  180,124,000
Shares Short  38,766,990
Short Interest as a % of Shares Outstanding  22.08%
Days to Cover  2.40
Ex-Date   09/18/2015
Distribution Pay Date  09/28/2015
Distribution NAV  63.13
Long-term Capital Gain  —
Short-term Capital Gain  —
Return of Capital  —
Dividend Income  0.478112
Distribution Yield (TTM)   2.92%
II.  Chart and analysis
xle etf 20151204.jpg
Energy Select Sector SPDR ETF (XLE.P)
( 1)  Analysis of DAILY Chart activity through 12/4/2015  close:  64.74
   The current trend is down and all orders on the short side may be considered.  The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.  If already holding short positions, look to take partial profits at any retracement to 69.12. Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 69.12.  Be prepared for a potential short term price rally back to the 67.41  area.
Suggested placement of capital conserving stops:
If Long, exit all contracts at:     63.48
If Short, exit all contracts at:     69.12
  •  (1a) Daily Chart Simple Moving averages (SMAs)
  •  3 day sma red, dotted 65.43
  •  9 day sma dk grn solid 67.23
  • 20 day sma red solid   67.60
  • 50 day sma purple solid  67.17
  • 100 day sma blue solid   66.91
  • 200 day sma green solid  72.59
  • 400 day sma grey dot dash  80.86
  •  (1b) Additional Daily chart observations:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are stalling.
  • Intermediate term: Prices are ranging.
  • 1c) Projections (6 months)
  • The  upper projected target is: 81.34
  • The  lower projected target is: 76.36
  • The projected closing price was: 78.85
Please Note: These above price projections, as well as price projections elsewhere, are for reference only, and can be easily exceeded, up or down, by Mr. & Ms. Fickle Markets.
( 2)   Analysis of WEEKLY Chart activity through 12/4/2015 close:  64.74
   The current trend is down and all orders on the short side may be considered.  If already holding short positions, look to take partial profits at  any retracement to 71.93. Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 71.93.  Be prepared for a potential short term price rally back to the 67.89  area.
Suggested placement of capital conserving stops:
If Long, exit all contracts at:     58.74
If Short, exit all contracts at:     71.93
( 3)    Analysis of MONTHLY Chart activity through 12/4/2015 close:  64.74
   The current trend is down and all orders on the short side may be considered.   The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.  If already holding short positions, look to take partial profits at  any retracement to 83.66. Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 83.66.  Be prepared for a potential short term price rally back to the 76.18  area.
Suggested placement of capital conserving stops:
If Long, exit all contracts at:     58.74
If Short, exit all contracts at:     91.06
 ——————————————————–
 For Monday related, see also”
     ——-  week of Monday, 12/7/2015 ——-
 Please read:
   (4) Chesapeake Energy Corp (NYSE: CHK)

 (6)   Index and Sector ETFs Support and Resistance for Monday, 12/7/2015 Part 1

  Have a great day investing, or trading …
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