Uptrend Under Pressure 93
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 93/100 · 7 distribution days (SPY) Sep 11 Full briefing →
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Simple research view

XLB

$50.76 -1.23% Sep 10 close
Detected setup Trend Only · Setup Score 57/100

Stand aside — setup invalidated

Setup score 57, but distribution days reach 5 or more — stand aside until the condition resets.

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$XLB

etf Stage 1 · Basing Base 2
$50.76 latest close
Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $XLB. Every level, score and criterion below is computed from the Sep 10 close session (1 session old), and may no longer hold.

Historical verdict · setup score 57/100 · data Sep 10 close · 1 session old

Stand aside — setup invalidated

Setup score 57, but distribution days reach 5 or more — stand aside until the condition resets.

Price $50.76 -1.2% Sep 10 close
52W High $54.19 4.2% below high
Wks Since High 1w 2w today
Base Depth 3.2% 6.7% today
RS Rank 5 percentile of scan
SMA 50 $51.84
Avg Vol 11,229,063
Rel Vol (Sep 10) 0.86×
More stats
52W Low $42.03
Tight Wks 4 3 today
Base B2
SMA 200 $50.20
RS Line vs High -13.3%
RS Line Slope -1.9% ▼
ADR% 1.3%
ATR(14) $0.82 (1.6%)
Vol Pace (live) N/A
U/D Vol 0.70
A/D Days 18A / 15D
A/D Rating A
VDU Bars 0/10 d
Position in 52-week range 72ndpercentile of the 52-week range
$42.03low
$54.19high

XLB Chart

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Technical Analysis Report Card

$XLB · $50.76 · as of 2026-09-10 · multi-factor read
40
/ 100
Technicals 40/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▬ Sideways / consolidating
Monthly ▬ Sideways / consolidating

Moving Averages

50-day$51.84 ↓
100-day$51.56 ↓
200-day$50.20 ↑
Bullish (50 > 200)

RSI (14)

Reading37.1 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateBearish
Histogram-0.284

Bearish — MACD below its signal line and below zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width-9% · 5.9%

Piercing the lower band — capitulation or strong selling.

Volume · Buyer vs Seller

Up/Down vol0.7 · Neutral
Rel volume0.86×

Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.

Support & Resistance

R · $52.67swing level
R · $54.0352-week high
Price · $50.76now
S · $50.31swing level
S · $48.75swing level
S · $46.73swing level

Fibonacci · Uptrend swing

23.6%$52.43
38.2% ◄ price here$51.34
50.0% ◄ price here$50.46
61.8%$49.58
78.6%$48.33

Retracement support zones measured from the recent swing low up to the high.

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Above 200-day MA50/200 bullishRS 9 (laggard)
Want this read in a legend's voice? Ask a Legend about XLB
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 5 of 6 legends are Watching — building, not yet a confirmed buy.
Watch
Minervini D

Trend-template read: 6/11 pass; wait for the soft misses to improve.

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $51.94, MA150 $51.38, MA200 $50.12
1.2 150-day MA > 200-day MAMA150 $51.38 vs MA200 $50.12
Failing evidence
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 9
2. Quarterly EPS growth ≥ 25%From SEPA scan
6/11 checks
Avoid
O'Neil D

CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
N: Near 52-week high or RS line new high4.2% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 1.70%
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 9
C: Quarterly EPS acceleration ≥ 25%Data unavailable
2/8 checks
Watch
Weinstein C

Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $51.94 vs MA200 $50.12
Failing evidence
Volume expansion above averageVolume ratio 1.06x
Relative strength ≥ 60RS 9
4/7 checks
Watch
Livermore B

Pivotal-point read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$51.94
Distance from 52-week high4.2% below high
Failing evidence
Relative strengthRS 9
Volume vs average1.06x
3/6 checks
Watch
Darvas B

Box-theory read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$51.94
Distance from 52-week high4.2% below high
Failing evidence
Relative strengthRS 9
Volume vs average1.06x
3/6 checks
Watch
Wyckoff B

Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$51.94
Distance from 52-week high4.2% below high
Failing evidence
Relative strengthRS 9
Volume vs average1.06x
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▼ Falling
96RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -6 A
A: 12 D: 18 Net: -665 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 1/7 met
D 1/7 criteria
Separate score from the Minervini Trend Template (4/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
Revenue growth ≥20% YoY
Gross margin ≥30%
ROE ≥17%
RS rating ≥80 (leadership) 9
Stage 2 uptrend (Weinstein) Stage 1
Within 25% of 52W high -6.3%

Method Playbook

Trade it like Darvas EXACT LEVELS · PRO
Darvas B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the top of the active Darvas box near the high as the mechanical breakout boundary.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require price to clear the box top with volume confirmation; movement inside the box remains observation, not a trigger.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the active box support or the canonical structural stop that proves the breakout failed.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: As higher boxes form, raise the stop beneath the newest confirmed box floor; the stop moves up only.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when price breaks the active box floor or decisively falls back through the breakout structure.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis (historical)

57 setup score
RS Score 9
Trend template 4/8
Why This Setup? D+W Confluence
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

0/7 universals met
  • A relative-strength leader — not met RS rank 5 — laggard
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Clear of earnings — partly met Report date unknown
  • In a confirmed uptrend — partly met Stage 1 · Trend template 4/8 — not yet Stage 2
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 0.9× average — light
Why these seven? → The Universal Edge

Minervini Trend Template

4/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $50.76 vs SMA150 $51.38 / SMA200 $50.20
SMA 150 above SMA 200 SMA150 $51.38 vs SMA200 $50.20
SMA 200 trending up Slope +0.93 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $51.84
Price above SMA 50 $50.76 vs SMA50 $51.84
30%+ above 52-week low +20.8% from $42.03
Within 25% of 52-week high -6.3% from $54.19
RS score above 70 RS 9

Company

Company profile
XLB
XLB

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
6/8
W. RS
58
W. Support
$46.73
W. Resist
$54.19
W. Patterns
Basing
Weekly Structure

Scan History

Sep 08: 57 (Trend Only)Sep 08: 57 (Trend Only)Sep 09: 57 (Trend Only)57
Sep 09
Trend Only ✓ Gate
57
Sep 08
Trend Only ✓ Gate
57 -2.3%
Sep 08
Trend Only ✓ Gate
57 -2.3%

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