Communication · XLC

leading · RS ratio 102.2 · RS momentum 101.2 · 20d RS vs SPY -1.61% · last 104.34 · 2026-11-05

Versus the S&P

No residual setup. Beta 0.97. Residual z 1.75. 20-day residual -4.38%. mid-range on the relative chart. Residual says fade short. Relative chart is not at the 20-day high. No agreement, no call.

residual-fade-v0. Not a proven edge.

Last 60 closes

Window change -7.3%. Price geometry only. Not an edge claim.

RS trail

2026-10-29 · ratio 93.1 · mom 90.3
2026-10-30 · ratio 94.0 · mom 91.5
2026-11-02 · ratio 95.1 · mom 92.8
2026-11-03 · ratio 96.3 · mom 93.8
2026-11-04 · ratio 98.2 · mom 97.1