The Greedy Trader Weekly Analysis
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Select Sector SPDR ETFs Technical Analysis - XLB

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- 6/12/2026 -
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Materials Select Sector SPDR (XLB) Technical Analysis

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Summary:
Weekly :Trend resistance at 52.18Trend resistance at 52.02
Daily :Williams' Percentage Range is overboughtMACD bearish divergencePrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Materials Select Sector SPDR (XLB). During the week, the XLB gained 1.55 points, or 3.06%, and closed at 52.18 on Friday, June 12, 2026. It was the best weekly gain since March 27, 2026. Weekly volume was -9% 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 price is near the trend resistance line (52.18). 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 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 (52.02). 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, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 52.36 on June 12, 2026. XLB gained -2.79 points, or -5.63%, in 2 days. The price is now at the 6.45% retracement level.

Daily Technical Indicators: [See XLB daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 Williams' Percentage Range help.

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.

During the last week, the price has moved above 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.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.18
Williams' Percentage Range (W%R) 18.60
Overbought
Lane's Stochastic (%D-Slow) 39.88
Greed/Fear Indicator (GFI) 60.82
Moving Average Converg./Diverg. (MACD) -0.07 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.91
Williams' Percentage Range (W%R) 32.80
Lane's Stochastic (%D-Slow) 62.41
Greed/Fear Indicator (GFI) 61.94
Moving Average Converg./Diverg. (MACD) 1.36
Trading Signals
Description Value Chart
Upper Bollinger Band 52.56
Quarterly Trendline Resistance 52.18
Price 52.18
Monthly Trendline Resistance 52.02
50 Day Moving Average 51.24
Weekly Stochastic Crossing 51.08
Daily Stochastic Crossing 50.94
20 Day Moving Average 50.72
Monthly Trendline Support 49.66
Quarterly Trendline Support 49.66
Parabolic System 49.52
Lower Bollinger Band 49.42
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 49.57
Low Date 06/10/2026
High 52.36
High Date 06/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 48.89
Low Date 05/19/2026
High 52.36
High Date 06/12/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Test Resistance
Resistance 52.02
Support 49.66
High 52.77
High Date 05/07/2026
Low 48.89
Low Date 05/19/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Test Resistance
Resistance 52.18
Support 49.66
Low 42.04
Low Date 11/04/2025
High 54.14
High Date 02/12/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 36.56
Low Date 04/08/2025
High 54.14
High Date 02/12/2026
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.