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Archive - 4/10/2026 - Sign In to see current Signals. |
SPDR Oil & Gas Equipment & Services (XES) Technical Analysis
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| Summary:
| | Weekly :    | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the SPDR Oil & Gas Equipment & Services (XES). During the week, the XES gained 2.50 points, or 2.17%, and closed at 117.81 on Friday, April 10, 2026. Weekly volume was 33% above average.
Long-term trend: [See XES long-term trend chart] A long-term downtrend had started on September 12, 2023 at 100.81 and reached 51.19 on April 9, 2025. XES lost 49.62 points, or 49.22%, in 82 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (30.91) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See XES medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 51.19 and reached 121.50 on March 30, 2026. XES gained -70.31 points, or -137.35%, in 50 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (90.07) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See XES weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since June 6, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See XES short-term trend chart] A short-term uptrend had started on April 1, 2026 at 113.07 and reached 120.47 on April 9, 2026. XES gained -7.40 points, or -6.54%, in 8 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See XES daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 30, 2026. The distance between MACD and the signal line is low and getting smaller.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
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| Industry |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
113.07 |
| Low Date |
04/01/2026 |
| High |
120.47 |
| High Date |
04/09/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
113.07 |
| Low Date |
04/01/2026 |
| High |
120.47 |
| High Date |
04/09/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Valid |
| Resistance |
123.91 |
| Support |
116.64 |
| Low |
78.98 |
| Low Date |
12/16/2025 |
| High |
121.50 |
| High Date |
03/30/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
99.23 |
| Support |
90.07 |
| Low |
51.19 |
| Low Date |
04/09/2025 |
| High |
121.50 |
| High Date |
03/30/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Broken Resistance |
| Resistance |
96.15 |
| Support |
30.91 |
| High |
100.81 |
| High Date |
09/12/2023 |
| Low |
51.19 |
| Low Date |
04/09/2025 |
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