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Archive
- 6/18/2026 -
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Materials Select Sector SPDR (XLB) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Materials Select Sector SPDR (XLB). During the week, the XLB gave back -0.37 points, or -0.71%, and closed at 51.81 on Thursday, June 18, 2026. Weekly volume was -6% below average.
 Long-term trend: [See XLB long-term trend chart]
A long-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 Symmetric Triangle chart pattern. The trend support level is at 49.86 and resistance is at 52.09. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
 Medium-term trend: [See XLB medium-term trend chart]
A medium-term downtrend had started on May 7, 2026 at 52.77 and reached 48.89 on May 19, 2026. XLB lost 3.88 points, or 7.35%, in 1 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (51.90). 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 medium-term trend.
 Weekly Technical Indicators: [See XLB weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 24, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See XLB short-term trend chart]
A short-term uptrend had started on June 10, 2026 at 49.57 and reached 53.31 on June 17, 2026. XLB gained -3.74 points, or -7.54%, in 7 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See XLB daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since June 11, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
A Parabolic SAR (stop and reversal) indicator (51.64) comes close to the price (51.81). It indicates that the trend is getting weaker. 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.
Price is close to the 50 Day Moving Average. 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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