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- 7/31/2026 -
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Financial Select Sector SPDR (XLF) Technical Analysis

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Summary:
Weekly :Relative Strength Index and Lane's Stochastic are overboughtWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :The price has risen above the Parabolic SAR
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It was a ninth consecutive positive week for the Financial Select Sector SPDR (XLF). During the week, the XLF gained 0.63 points, or 1.12%, and closed at 56.94 on Friday, July 31, 2026. Weekly volume was -15% 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 57.60 on July 28, 2026. XLF gained -51.72 points, or -879.59%, in 907 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (35.77) 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 57.60 on July 28, 2026. XLF gained -28.01 points, or -94.66%, in 197 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 52.52 and resistance is at 60.29. 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 and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 57.60 on July 28, 2026. XLF gained -7.08 points, or -14.01%, in 55 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 56.43 and resistance is at 57.96. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern 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 July 28, 2026. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.04
Williams' Percentage Range (W%R) 29.80
Lane's Stochastic (%D-Slow) 76.74
Greed/Fear Indicator (GFI) 68.66
Moving Average Converg./Diverg. (MACD) 0.81
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 85.03
Overbought
Williams' Percentage Range (W%R) 8.00
Strong Overbought
Lane's Stochastic (%D-Slow) 88.10
Overbought
Greed/Fear Indicator (GFI) 80.70
Overbought
Moving Average Converg./Diverg. (MACD) 0.39
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 60.29
Weekly Trendline Resistance 57.96
Upper Bollinger Band 57.19
Daily Stochastic Crossing 57.06
Weekly Stochastic Crossing 56.97
Price 56.94
Weekly Trendline Support 56.43
20 Day Moving Average 56.28
Parabolic System 55.73
Lower Bollinger Band 54.90
50 Day Moving Average 54.19
Quarterly Trendline Support 52.52
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 55.45
Low Date 07/23/2026
High 57.60
High Date 07/28/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 57.96
Support 56.43
Low 50.52
Low Date 06/03/2026
High 57.60
High Date 07/28/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 47.67
Low Date 03/27/2026
High 57.60
High Date 07/28/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 60.29
Support 52.52
Low 29.59
Low Date 10/13/2022
High 57.60
High Date 07/28/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 43.01
Support 35.77
Low 5.88
Low Date 03/06/2009
High 57.60
High Date 07/28/2026
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.