|
|
Archive
- 10/2/2026 -
Sign In to see current Signals. |
Energy Select Sector SPDR (XLE) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Energy Select Sector SPDR (XLE). During the week, the XLE gained 0.78 points, or 1.26%, and closed at 62.82 on Friday, October 2, 2026. Weekly volume was -18% below average.
 Long-term trend: [See XLE long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 37.25 and reached 66.17 on September 10, 2026. XLE gained -28.92 points, or -77.64%, in 74 weeks. The price is now at the 11.58% retracement level.
 Medium-term trend: [See XLE medium-term trend chart]
A medium-term uptrend had started on July 1, 2026 at 52.62 and reached 66.17 on September 10, 2026. XLE gained -13.55 points, or -25.75%, in 10 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (67.35) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. XLE may retest the broken support line. It is considered to be a resistance line now. 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 medium-term trend.
 Weekly Technical Indicators: [See XLE 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 August 14, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See XLE short-term trend chart]
A short-term uptrend had started on September 29, 2026 at 60.95 and reached 62.95 on October 2, 2026. XLE gained -2.00 points, or -3.28%, in 3 days. The price is now at the 6.50% retracement level.
 Daily Technical Indicators: [See XLE daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. 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. Use the following link to access Williams' Percentage Range help.
The daily MACD line is below its signal line since September 9, 2026.
A Parabolic SAR (stop and reversal) indicator (63.01) comes close to the price (62.82). 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.
The price is close to the moving average in the center of the Bollinger Bands. 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.
| |
|
|