How StockCharts TV’s view on $XLC changed

2026-09-17Bullish
“Bonds Are the Real Risk Right Now, Not Stocks | RRG Outlook”
XLC is moving from negative to mildly positive improving; strong momentum makes it worth watching.

Now, then we have XLC. Here you see a difference. It's accelerating, starting better. And despite the fact that it has a very low RS ratio reading, this sector is now improving because it's got the one, two, three, third, fourth strength in momentum.

And that relatively high momentum reading makes it an interesting sector to keep an eye on. So moving that to mildly positive improving.

Direction flip
2026-08-24Bearish
“The Sector Rotation Just Changed. Here’s What’s Leading”
XLC is an underperformer with a negative outlook; its relative strength is weak and trending lower, with no current sign of reversal.

Now, the other one is communication services. That was a negative outlook already, red box, and it remains like that. It's still it's picking up, but it's doing that much further to the left than the material sector.

So, this XLCC sector as the lowest RS ratio reading with a little bit of a pickup. Also, look at the difference in tail length. Tail length of XLB is a lot longer, which means that there is more power behind it.

XLCC has a little shorter tail, which means a lot less power. And especially also the ranking on the RS ratio scale. So, XLCC remains a clear underperformer in this framework.