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Select Sector SPDR ETFs Technical Analysis - XHBArchive - 5/22/2026 - Sign In to see current Signals. |
SPDR Homebuilders (XHB) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the SPDR Homebuilders (XHB). During the week, the XHB gained 3.69 points, or 3.83%, and closed at 100.01 on Friday, May 22, 2026. Weekly volume was 27% above average.
Long-term trend: [See XHB long-term trend chart] A long-term uptrend had started on April 9, 2025 at 84.48 and reached 123.13 on February 12, 2026. XHB gained -38.65 points, or -45.75%, in 44 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (110.36) 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 XHB medium-term trend chart] A medium-term downtrend had started on February 12, 2026 at 123.13 and reached 93.57 on May 19, 2026. XHB lost 29.56 points, or 24.01%, in 13 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See XHB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See XHB short-term trend chart] A short-term downtrend had started on April 21, 2026 at 111.80 and reached 93.57 on May 19, 2026. XHB lost 18.23 points, or 16.31%, in 28 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 91.45 and resistance is at 102.14. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See XHB daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 link to access Lane's Stochastic help. The daily MACD line is below its signal line since April 30, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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