$XLV

XLV is a strong outperformer with high relative momentum and upside potential.

BullishHe framed it in weeks
“The Sector Rotation Just Changed. Here’s What’s Leading”
StockCharts TVPublished Aug 24 · 4 passages

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4 passages

And then we come to stocks to stock sectors. And my oh my, for the first time since a long period, XLK is not the only sector on the right hand side. Has been joined by health care and financials, XLV and XLF.

And then we have health care. That's another sector that rapidly improved. So, we put that on a positive outlook right now. It's crossed over into the leading quadrant. S- mildly positive heading, but it's high momentum.

So, if you look at XLV and XLF, those sectors have the highest relative momentum in the universe. So, that's a good thing.

So, they still both move higher on the RS ratio scale, which means that the relative trend is getting stronger, and they both have the highest rate of change of that relative trend.

So, XLV, health care, definitely on an outperformer right now.

And then there's health care, the complete opposite. It's very strong break. We're already out of breaking out of that range a couple of weeks ago, and now you can see the follow-through in relative strength starting to take place with the new series of higher highs and higher lows, albeit very careful right now, but it's on the way.

You can see 1 to 3 higher lows, 1 2 higher highs, and the third one is in the making. Um RS ratio is moving above 100. RS momentum taking a little breather. That's because of this little sideways move here over the last couple of weeks, but this will very likely pick up, especially with moves like this.

And it looks like you're late to the game, and from a price perspective, you you probably are. But from a relative perspective, this is just the beginning. Look at this relative downtrend here, and we're just getting out of this downtrend.

So, imagine looking at this chart and not knowing what that price chart is doing, not knowing about that big jump that we just saw, and look at relative strength, and then you say like, "Oh, this is really starting to put in a low and put in a bottom.

This sector has a lot of relative upside potential, and that's the way I look at it."

What this channel has said about $XLV

StockCharts TV has 2 calls on this stock; only the adjacent ones are shown.

2026-08-28
Healthcare big pullback here XLV a lot of this having to do with some of these bigger pharmaceutical names that have had big runs and are pulling back, but we are still in a confirmed uptrend with the healthcare sector as well.
Quote at 06:03 ›
Direction flip
2026-08-24BullishThis one
And then we come to stocks to stock sectors. And my oh my, for the first time since a long period, XLK is not the only sector on the right hand side. Has been joined by health care and financials, XLV and XLF.
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KolSays