XLY is in a confirmed downtrend due to rising rates and retail weakness; the death cross signals a heavy pattern requiring time to reverse.
Bearish
“Only 25% of Stocks Are Holding Up”
StockCharts TVPublished Sep 11 · 1 passage
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Consumer discretionary, I talked about interest rates on the rise. And these discretionary, particularly retail-related stocks, are getting hit. We are still very much in a confirmed downtrend and then we have these shorter term moving averages closing below the longer term.
This is 21 day down through the 200 and that is noted as a death cross. Quite simply, it creates a heavier pattern so that in an effort to reverse it, it will take a little bit longer but certainly we are seeing weakness in that discretionary area.
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2026-09-11BearishThis one
Consumer discretionary, I talked about interest rates on the rise. And these discretionary, particularly retail-related stocks, are getting hit. We are still very much in a confirmed downtrend and then we have these shorter term moving averages closing below the longer term. This is 21 day down through the 200 and that is noted as a death cross. Quite simply, it creates a heavier pattern so that in an effort to reverse it, it will take a little bit longer but certainly we are seeing weakness in that discretionary area.
2026-08-24
And then the last one is consumer discretionary, and that's also a a pretty important sector. There's a couple of big stocks in there. It is moving into the improving quadrant, and that warrants an a move from underperform to neutral with a positive outlook while it's moved into the improving quadrant.
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