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Select Sector SPDR ETFs Technical Analysis - XESArchive - 1/16/2026 - 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 a fourth consecutive positive week for the SPDR Oil & Gas Equipment & Services (XES). During the week, the XES gained 2.84 points, or 3.19%, and closed at 91.91 on Friday, January 16, 2026. Weekly volume was 28% 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 price is near the trend resistance line (96.56). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the 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 92.73 on January 16, 2026. XES gained -41.54 points, or -81.15%, in 40 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (81.57) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 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 December 26, 2025 at 80.43 and reached 92.73 on January 16, 2026. XES gained -12.30 points, or -15.29%, in 21 days. The price is now at the 6.67% retracement level.
Daily Technical Indicators: [See XES daily technical indicators chart] Daily 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 daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Relative Strength Index help. The daily MACD line is above its signal line since January 2, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
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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 |
80.43 |
| Low Date |
12/26/2025 |
| High |
92.73 |
| High Date |
01/16/2026 |
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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 |
80.43 |
| Low Date |
12/26/2025 |
| High |
92.73 |
| High Date |
01/16/2026 |
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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 |
78.98 |
| Low Date |
12/16/2025 |
| High |
92.73 |
| High Date |
01/16/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
90.73 |
| Support |
81.57 |
| Low |
51.19 |
| Low Date |
04/09/2025 |
| High |
92.73 |
| High Date |
01/16/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Test Resistance |
| Resistance |
96.56 |
| Support |
35.51 |
| High |
100.81 |
| High Date |
09/12/2023 |
| Low |
51.19 |
| Low Date |
04/09/2025 |
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