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Archive - 10/3/2025 - Sign In to see current Signals. |
Energy Select Sector SPDR (XLE) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the Energy Select Sector SPDR (XLE). During the week, the XLE dropped -3.08 points, or -3.35%, and closed at 88.91 on Friday, October 3, 2025. It was the worst weekly loss since July 18, 2025. XLE was trading at average weekly trading volume.
Long-term trend: [See XLE long-term trend chart] A long-term uptrend had started on March 18, 2020 at 22.88 and reached 98.97 on April 12, 2024. XLE gained -76.09 points, or -332.56%, in 212 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (119.91) 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 long-term trend.
Medium-term trend: [See XLE medium-term trend chart] A medium-term downtrend had started on April 12, 2024 at 98.97 and reached 74.49 on April 9, 2025. XLE lost 24.48 points, or 24.73%, in 51 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 67.26 and resistance is at 96.48. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See XLE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since June 13, 2025. 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 August 11, 2025 at 84.10 and reached 92.91 on September 26, 2025. XLE gained -8.81 points, or -10.48%, in 46 days. The chart has formed a Rising Channel chart pattern. The price is near the trend support (88.73) line. The support is usually stronger when technical indicators are oversold. 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 support line in a short-term trend.
Daily Technical Indicators: [See XLE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 5.22% on Friday. It is 50.27% lower than one year average. It indicates the period of low volatility of the stock price. 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.
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