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Select Sector SPDR ETFs Technical Analysis - XLB

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- 4/24/2026 -
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Materials Select Sector SPDR (XLB) Technical Analysis

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Summary:
Weekly :
Daily :Stochastic signal line moved below overbought areaThe price has fallen below the Parabolic SAR20 Day Moving Average has crossed above the 50 Day Moving Average
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It was a first positive week for the Materials Select Sector SPDR (XLB). During the week, the XLB climbed 0.04 points, or 0.08%, and closed at 51.92 on Friday, April 24, 2026. Weekly volume was -28% below 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 chart has formed a Rising Channel chart pattern. The trend support level is at 48.71 and resistance is at 56.66. 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 long-term trend.

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 47.98 and resistance is at 59.39. 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.

The weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend 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 April 23, 2026 at 51.28 and reached 52.00 on April 24, 2026. XLB gained -0.72 points, or -1.40%, in 1 days. The price is now at the 11.11% retracement level.

Daily Technical Indicators: [See XLB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily 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 daily MACD line is above its signal line since March 27, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

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.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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) 68.01
Williams' Percentage Range (W%R) 21.60
Lane's Stochastic (%D-Slow) 53.72
Greed/Fear Indicator (GFI) 66.70
Moving Average Converg./Diverg. (MACD) 0.44
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.82
Williams' Percentage Range (W%R) 22.10
Lane's Stochastic (%D-Slow) 52.88
Greed/Fear Indicator (GFI) 61.40
Moving Average Converg./Diverg. (MACD) 1.54
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 59.39
Yearly Trendline Resistance 56.66
Upper Bollinger Band 53.29
Monthly Trendline Resistance 53.14
Monthly Trendline Support 53.11
Parabolic System 52.60
Price 51.92
Daily Stochastic Crossing 51.83
20 Day Moving Average 51.16
50 Day Moving Average 50.99
Weekly Stochastic Crossing 50.84
Lower Bollinger Band 49.22
Yearly Trendline Support 48.71
Quarterly Trendline Support 47.98
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 51.28
Low Date 04/23/2026
High 52.00
High Date 04/24/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 51.28
Low Date 04/23/2026
High 52.00
High Date 04/24/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 53.14
Support 53.11
Low 46.73
Low Date 03/20/2026
High 52.57
High Date 04/21/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 59.39
Support 47.98
Low 42.04
Low Date 11/04/2025
High 54.14
High Date 02/12/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 56.66
Support 48.71
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.