|
|
Downtrend Broken Resist.Archive
- 7/17/2026 -
Sign In to see current Signals. |
SPDR Oil & Gas Equipment & Services (XES) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the SPDR Oil & Gas Equipment & Services (XES). During the week, the XES climbed 0.28 points, or 0.25%, and closed at 112.32 on Friday, July 17, 2026. Weekly volume was -16% below 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 (25.49) 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 135.35 on May 20, 2026. XES gained -84.16 points, or -164.41%, in 58 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (99.60) 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 Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 and Williams' Percentage Range help.
The weekly MACD line is below its signal line since May 29, 2026. The distance between MACD and the signal line is near its high, but getting smaller. 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 July 6, 2026 at 105.63 and reached 115.61 on July 14, 2026. XES gained -9.98 points, or -9.45%, in 8 days. The price is now at the 32.97% retracement level.
 Daily Technical Indicators: [See XES daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since July 9, 2026. This is an indication that the short-term trend is up.
| |
|
|