Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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XLB

$51.38 +0.14% Oct 26 close
Detected setup watchlist_candidate · Setup Score 0/100

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

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Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$XLB

etf Stage 3 · Topping Base 2
$51.38 latest close
Market Structure
Trend structure: range
Latest event: structure_shift (bullish)
Support 49.57–49.97 · 5 touches · strong
Resistance 52.08–52.20 · 4 touches · moderate
Resistance 52.52–52.77 · 4 touches · moderate
Resistance 53.31–53.75 · 4 touches · moderate
Support 48.60–48.89 · 3 touches · moderate
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 Oct 26 close session (latest session), and may no longer hold.

Historical verdict · setup score 0/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

Recent price action · daily
$50.00$52.50$55.00AugSepOct$51.38

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 1.4 50-day MA > 150-day MA AND 200-day MA — MA50 $50.99, MA150 $51.13, MA200 $51.00
  • Minervini 1.8 RS rank ≥ 70 (prefer ≥ 85) — RS rank 44
  • O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 44
  • O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
  • Weinstein Stage 2 (Advancing phase) confirmed — Stage 3 (Topping)
  • Weinstein Volume expansion above average — Volume ratio 0.86x
Minority view — the council disagrees here
  • Minervini: avoid Trend-template read: fails 50-day MA > 150-day MA AND 200-day MA.
  • O'Neil: avoid CANSLIM read: fails L: RS rank ≥ 80 (IBD leadership).
  • Weinstein: avoid Stage-analysis read: topping (Stage 3) is not an advancing Stage 2.
57 Neutral
Legend Score · rates the stock Neutral (57/100) — held back by relative strength

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 44
  • Trend Template (25%) 62
  • Institutional Footprint (20%) 75
  • EPS Growth (15%) 50
  • Quality (SMR-like) (15%) 50

RS rank 44: middle of the pack — no leadership yet. Trend template 5/8: mixed — some uptrend elements, some missing. Institutional score 75: mild accumulation. No recent earnings growth data — scored neutral. No sales/ROE data — scored neutral. Updated 2026-10-26.

Price $51.38 +0.1% Oct 26 close
52W High $54.19 5.3% below high
Wks Since High 8w
Base Depth 9.6% 11.8% today
RS Rank 8 percentile of scan
SMA 50 $50.99
Avg Vol 10,999,334
Rel Vol (Oct 26) 0.86× 2.37× on up days
More stats
52W Low $42.03
Tight Wks 7 6 today
Base B2
SMA 200 $51.00
RS Line vs High -13.7%
RS Line Slope +4.5% ▲
ADR% 1.3%
ATR(14) $0.66 (1.3%)
Vol Pace (live) N/A
A/D Days 17A / 13D
A/D Rating A
VDU Bars 0/10 d
Position in 52-week range 77thpercentile of the 52-week range
$42.03low
$54.19high

XLB Chart

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Technical Analysis Report Card

$XLB · $51.38 · as of 2026-10-26 · multi-factor read
65
/ 100
Technicals 65/100
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$50.99 ↑
100-day$51.19 ↑
200-day$51.00 ↑
Death Cross (fresh)

RSI (14)

Reading60.1 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateBullish
Histogram+0.275

Bullish — MACD above its signal line and above zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width83% · 8.3%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol2.37 · Accumulation
Rel volume0.86×
Pocket pivots · 10d2
5d vs 50d vol84%
Heavy vol up / down0 / 1

Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.

  • Pocket pivot 2 sessions ago — up-day volume beat every down day of the prior 10 sessions.
  • 1 heavy-volume down day vs 0 up in the last 20 sessions — supply is showing.

Support & Resistance

R · $52.67swing level
R · $53.45swing level
R · $54.1952-week high
Price · $51.38now
S · $50.31swing level
S · $48.89swing level
S · $47.81swing level

Fibonacci · Downtrend swing

23.6%$49.32
38.2%$50.25
50.0% ◄ price here$51.00
61.8% ◄ price here$51.75
78.6%$52.82

Retracement resistance zones measured from the recent swing high down to the low.

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Above 200-day MA50/200 bearishVolume accumulation
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.
How to read the numbers: the setup score (0/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 5 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Avoid C Trend-template read: fails 50-day MA > 150-day MA AND 200-day MA.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $51.38, MA150 $51.13, MA200 $51.00
1.2 150-day MA > 200-day MAMA150 $51.13 vs MA200 $51.00
Failing evidence
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $50.99, MA150 $51.13, MA200 $51.00
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 44
Not applicable
2. Quarterly EPS growth ≥ 25%No single-company earnings — not applicable to ETFs
2. ROE ≥ 17%No single-company earnings — not applicable to ETFs
2. Revenue growth ≥ 20% YoYNo single-company earnings — not applicable to ETFs
4/7 checks
O'Neil Avoid D CANSLIM read: fails L: RS rank ≥ 80 (IBD leadership).
Passing evidence
N: Near 52-week high or RS line new high5.2% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 1.28%
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 44
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
Not applicable
C: Quarterly EPS acceleration ≥ 25%No single-company earnings — not applicable to ETFs
A: Annual earnings & revenue qualityNo single-company earnings — not applicable to ETFs
2/6 checks
Weinstein Avoid D Stage-analysis read: topping (Stage 3) is not an advancing Stage 2.
Passing evidence
Price above 30-week MA (200-day proxy)Price $51.38 vs MA200 $51.00
Not extended from 52-week high (≤ 30% below)5.2% below 52-week high
Failing evidence
Stage 2 (Advancing phase) confirmedStage 3 (Topping)
Volume expansion above averageVolume ratio 0.86x
2/6 checks
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $47.81
Volatility-unit sizing (1N ≈ 1% of equity)1N = $0.72 (1.40% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
zanger Avoid D Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $59.09-$61.66; trail the rest
Trail on the 10/20-day MA10-day MA $50.88 · 20-day MA $50.02 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlywatchlist_candidate is not one of Zanger's six
Not extended (≤5% above the breakout point)Data unavailable
3/6 checks
zweig Watch D Zweig read: part of his screen passes but not all: Price strength (RS ≥ 70) — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Breadth momentum: 10-day A/D ratio10-day A/D 1.18 (2050 adv / 1742 dec) — participation expanding
4% Model (breadth proxy)61% of universe above 50-day — broad strength (adapted from Ned Davis 4% Model)
Failing evidence
Price strength (RS ≥ 70)RS score 44 — Zweig buys strength, not bargains
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
Not applicable
EPS growth above the marketNo single-company earnings — not applicable to ETFs
Reasonable price for the growthNo single-company earnings — not applicable to ETFs
Insider buyingNo single-company earnings — not applicable to ETFs
2/5 checks
Livermore Watch B Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$51.38
Distance from 52-week high5.2% below high
Failing evidence
Relative strengthRS 44
Volume vs average0.86x
3/6 checks
Darvas Watch B Box-theory read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$51.38
Distance from 52-week high5.2% below high
Failing evidence
Relative strengthRS 44
Volume vs average0.86x
3/6 checks
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$51.38
Distance from 52-week high5.2% below high
Failing evidence
Relative strengthRS 44
Volume vs average0.86x
3/6 checks
Base & Breakout
Breakout follow-through

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

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
103RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -8 A
A: 10 D: 18 Net: -865 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 1/3 met · earnings criteria N/A for ETFs
C 1/3 criteria
Separate score from the Minervini Trend Template (5/8): 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 N/A
– Revenue growth ≥20% YoY N/A
– Gross margin ≥30% N/A
– ROE ≥17% N/A
✗ RS rating ≥80 (leadership) 44
✗ Stage 2 uptrend (Weinstein) Stage 3
✓ Within 25% of 52W high -5.2%

Method Playbook

Trade it like Zweig EXACT LEVELS · PRO
Zweig D · 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 stock's recent consolidation high — Zweig buys strength in screened growers, not breakdowns.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Buy only when the growth screen passes: EPS growth above the market, PEG ≤ 1.5 (reasonable for the growth), insider buying, and RS leadership.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Define the loss before entry — Zweig's risk rule. Sell when the growth story breaks: earnings decelerate or the valuation stretches past reason.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold winners as long as earnings keep growing and the price holds its trend; sell half on a climax run.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when EPS growth falls below the market, the PEG stretches past reason, insiders stop buying — or the Super Model flips the market to defensive.
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)

0 setup score
RS Score 44
Trend template 5/8
Why This Setup?
watchlist_candidate · schematic

Near-miss 5/8 — needs: sma50 above sma150 200, price above 30pct of 52w low, rs score above 70

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 8 — 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 3 · Trend template 5/8 — not yet Stage 2
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 0.8× average — light
Why these seven? → The Universal Edge

Minervini Trend Template

5/8

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 $51.38 vs SMA150 $51.13 / SMA200 $51.00
SMA 150 above SMA 200 SMA150 $51.13 vs SMA200 $51.00
SMA 200 trending up Slope +0.43 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $50.99
Price above SMA 50 $51.38 vs SMA50 $50.99
30%+ above 52-week low +22.2% from $42.03
Within 25% of 52-week high -5.2% from $54.19
RS score above 70 RS 44

Fundamentals

52W Range
77%
Insider
No Buy

Company

Company profile
XLB
XLB

Scan History

Oct 21: 70 (Trend Only)Oct 22: 70 (Trend Only)Oct 22: 70 (Trend Only)Oct 23: 0 (watchlist_candidate)Oct 23: 70 (Trend Only)Oct 26: 0 (watchlist_candidate)0
Oct 26
watchlist_candidate
0
Oct 23
Trend Only ✓ Gate
70 +0.1%
Oct 23
watchlist_candidate
0 +0.1%
Oct 22
Trend Only ✓ Gate
70 -0.6%
Oct 22
Trend Only ✓ Gate
70 -0.6%
Oct 21
Trend Only ✓ Gate
70 +0.1%

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