XLE - 26th May 2023 | @ 78 Days
XLE - 26th May 2023 | @ 78 Days
Last trade: + 4.06% | 'B' class signal detected in Energy Select Sector SPDR Fund. Running at an average wavelength of 78 days over 12 iterations since August 2020. Currently troughing.
Trade Update
Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous snippet. For a composite analysis, each constituent’s respective gain over the period is displayed, in descending order. The average of the constituent gain is also shown.
Type: Late Sell - XLE 27th April 2023
Entry: 27th April 2023 @ 82.19
Exit: 26th May 2023 @ 78.85
Gain: 4.06%
Signal Class & Attributes
Defining characteristics of the component detected over the sample period.
Detected Signal Class: B - learn more
Average Wavelength: 78.05 Days
Completed Iterations: 12
Time Frequency Analysis
Time frequency charts (learn more) below will typically show the cycle of interest against price, the bandpass output alone and the bandwidth of the component in the time frequency heatmap, framed in white. If a second chart is displayed it will usually show highpassed price with the extracted signal overlaid for visual clarity.
Keep reading with a 7-day free trial
Subscribe to Sigma-L to keep reading this post and get 7 days of free access to the full post archives.