During the first week of November 2025 the S&P Consumer Staples Bullish Percent Index dropped below 17.5. This also occurred in December 2018, March 2020, and October 2023. What followed the previous 17.5 readings was a notable rise in the XLP index. As the Bullish Percent index rose above 85, the first two XLP moves peaked and started to move lower. It appears the third move has not reached an over valued level.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
