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Select Sector SPDR ETFs Technical Analysis - XLF

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- 8/21/2026 -
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Financial Select Sector SPDR (XLF) Technical Analysis

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Summary:
Weekly :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineBroken trend resistance line
Daily :Broken trend support lineThe price has fallen below the Parabolic SARBearish Downside Tasuki Gap Candlestick
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It was the negative week for the Financial Select Sector SPDR (XLF). During the week, the XLF dropped -0.68 points, or -1.17%, and closed at 57.48 on Friday, August 21, 2026. It was the worst weekly loss since April 24, 2026. Weekly volume was -20% below average.

Long-term trend: [See XLF long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 5.88 and reached 58.41 on August 5, 2026. XLF gained -52.53 points, or -893.37%, in 908 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (35.87) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 long-term trend.

Medium-term trend: [See XLF medium-term trend chart]
A medium-term uptrend had started on October 13, 2022 at 29.59 and reached 58.41 on August 5, 2026. XLF gained -28.82 points, or -97.40%, in 198 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 52.92 and resistance is at 60.69. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See XLF weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 15, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See XLF short-term trend chart]
A short-term uptrend had started on June 3, 2026 at 50.52 and reached 58.41 on August 5, 2026. XLF gained -7.89 points, or -15.62%, in 63 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (58.60) 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 short-term trend.

Daily Technical Indicators: [See XLF daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since August 6, 2026.

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.

Candlestick pattern: [See XLF candlestick chart pattern]
On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.23
Williams' Percentage Range (W%R) 48.90
Lane's Stochastic (%D-Slow) 25.77
Greed/Fear Indicator (GFI) 42.71
Moving Average Converg./Diverg. (MACD) 0.63
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 87.71
Overbought
Williams' Percentage Range (W%R) 11.00
Overbought
Lane's Stochastic (%D-Slow) 89.89
Overbought
Greed/Fear Indicator (GFI) 80.93
Overbought
Moving Average Converg./Diverg. (MACD) 0.85
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 60.69
Weekly Trendline Resistance 59.64
Weekly Trendline Support 58.60
Parabolic System 58.34
Upper Bollinger Band 58.17
Weekly Stochastic Crossing 57.92
20 Day Moving Average 57.55
Price 57.48
Daily Stochastic Crossing 57.28
Lower Bollinger Band 56.41
50 Day Moving Average 55.98
Quarterly Trendline Support 52.92
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 58.41
High Date 08/05/2026
Low 56.91
Low Date 08/20/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 59.64
Support 58.60
Low 50.52
Low Date 06/03/2026
High 58.41
High Date 08/05/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 47.67
Low Date 03/27/2026
High 58.41
High Date 08/05/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 60.69
Support 52.92
Low 29.59
Low Date 10/13/2022
High 58.41
High Date 08/05/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 43.11
Support 35.87
Low 5.88
Low Date 03/06/2009
High 58.41
High Date 08/05/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.