S&P Select Materials SPDR: Pivot points
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2025
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Pivot Points for S&P Select Materials SPDR: The pivot high is set at $83.39 and the pivot low at $82.84, calculated using the DeMark method.
Market Sentiment Indicators: A breakout above the pivot high is considered bullish, while a breakdown below the pivot low is viewed as bearish.
Analyst Views on XLB
Wall Street analysts forecast XLB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XLB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 49.240
Low
Averages
High
Current: 49.240
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
