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Downtrend Broken Resist.Archive - 10/16/2026 - 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 the negative week for the SPDR Oil & Gas Equipment & Services (XES). During the week, the XES dropped -4.86 points, or -4.39%, and closed at 105.92 on Friday, October 16, 2026. Weekly volume was -52% below average.
Long-term trend: [See XES long-term trend chart] A long-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 Symmetric Triangle chart pattern. The uptrend support line (113.45) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.
Medium-term trend: [See XES medium-term trend chart] A medium-term uptrend had started on July 29, 2026 at 104.32 and reached 126.18 on August 18, 2026. XES gained -21.86 points, or -20.95%, in 2 weeks. The price is now at the 92.68% retracement level.
Weekly Technical Indicators: [See XES weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since May 29, 2026. Use the following link to access a MACD help.
Short-term trend: [See XES short-term trend chart] A short-term downtrend had started on October 12, 2026 at 112.57 and reached 102.93 on October 15, 2026. XES lost 9.64 points, or 8.56%, in 3 days. The price is now at the 31.02% retracement level.
Daily Technical Indicators: [See XES daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price touches the lower Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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