$XLB

XLB is upgraded to neutral positive outlook; if it breaks resistance near 53.60, it could outperform and enter the leading quadrant.

BullishHe framed it in weeks
“The Sector Rotation Just Changed. Here’s What’s Leading”
StockCharts TVPublished Aug 24 · 3 passages

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So, we start with materials with XLB. And what you see here is that it has started to move back up really rapidly. And what we're going to look at the chart after I do the I do the RRG first and then we look at the various charts.

And what you can see here that there is a rapid improvement in the material sector. So, the underperformance where it was, I have changed it to a neutral with a positive outlook because this is quite a lot of relative momentum that's picking up and it gives good opportunities for the material sector.

So, here is materials, and we upgraded it, so I upgraded it to a neutral positive outlook, and that is based on the fact that you see roll out roll out strength starting to pick up, and both our G lines starting to move higher.

But also the fact that we came out of this consolidation pattern on the price chart within the boundaries of that rising channel, and we're now pushing against overhead resistance, which is just below, let's say, 54, 53.60.

If that If that area can be taken out, there is plenty of upside potential within that rising channel, and and that would even push materials into uh an outperformance situation and into the leading quadrant on the RRG.

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2026-08-24BullishThis one
So, we start with materials with XLB. And what you see here is that it has started to move back up really rapidly. And what we're going to look at the chart after I do the I do the RRG first and then we look at the various charts. And what you can see here that there is a rapid improvement in the material sector. So, the underperformance where it was, I have changed it to a neutral with a positive outlook because this is quite a lot of relative momentum that's picking up and it gives good opportunities for the material sector.
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