May 24, 2026 at 5:31 AM
•
$119.18
(+0.41%)
XLY (XLY) ticked higher by 0.41% to $119.18 on May 24.
The technical setup looks bullish:
Momentum
RSI at 56.3 is in neutral territory but trending higher. MACD reads 0.55 against its 0.77 signal line (bearish).
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($118.01) supports, 21-day ($117.68) below.
Volatility
Volatility has been compressing for 12 sessions (TTM Squeeze active), often a precursor to directional moves.
The bullish trend is intact, but fading MACD momentum suggest waiting for a pullback.
The $115.59-$120.72 range defines near-term boundaries.