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Archive - 3/13/2026 - Sign In to see current Signals. |
Materials Select Sector SPDR (XLB) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Materials Select Sector SPDR (XLB). During the week, the XLB dropped -0.67 points, or -1.34%, and closed at 49.19 on Friday, March 13, 2026. Weekly volume was 36% above average.
Long-term trend: [See XLB long-term trend chart] A long-term uptrend had started on April 8, 2025 at 36.56 and reached 54.14 on February 12, 2026. XLB gained -17.58 points, or -48.09%, in 44 weeks. The price is now at the 28.16% retracement level.
Medium-term trend: [See XLB medium-term trend chart] A medium-term uptrend had started on November 4, 2025 at 42.04 and reached 54.14 on February 12, 2026. XLB gained -12.10 points, or -28.78%, in 14 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 46.55 and resistance is at 55.33. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See XLB weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 weekly MACD line is above its signal line since December 12, 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 XLB short-term trend chart] A short-term downtrend had started on February 27, 2026 at 53.49 and reached 48.60 on March 9, 2026. XLB lost 4.89 points, or 9.14%, in 10 days. The price is now at the 12.07% retracement level.
Daily Technical Indicators: [See XLB daily technical indicators chart] Daily Relative Strength Index is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index. Use the following link to access Relative Strength Index help. The daily MACD line is below its signal line since February 19, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend 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 |
Down |
| Chart Pattern |
DownTrend |
| High |
53.49 |
| High Date |
02/27/2026 |
| Low |
48.60 |
| Low Date |
03/09/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
53.75 |
| High Date |
02/25/2026 |
| Low |
48.60 |
| Low Date |
03/09/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
54.14 |
| High Date |
02/12/2026 |
| Low |
48.60 |
| Low Date |
03/09/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
55.33 |
| Support |
46.55 |
| Low |
42.04 |
| Low Date |
11/04/2025 |
| High |
54.14 |
| High Date |
02/12/2026 |
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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 |
36.56 |
| Low Date |
04/08/2025 |
| High |
54.14 |
| High Date |
02/12/2026 |
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