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Archive
- 2/28/2025 -
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Industrial Select Sector SPDR (XLI) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Industrial Select Sector SPDR (XLI). During the week, the XLI climbed 0.80 points, or 0.59%, and closed at 135.60 on Friday, February 28, 2025. Weekly volume was 12% above average.
 Long-term trend: [See XLI long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 15.14 and reached 144.51 on November 27, 2024. XLI gained -129.37 points, or -854.49%, in 820 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (96.14) 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 XLI medium-term trend chart]
A medium-term downtrend had started on November 27, 2024 at 144.51 and reached 130.40 on January 13, 2025. XLI lost 14.11 points, or 9.76%, in 6 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See XLI weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 13, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See XLI short-term trend chart]
A short-term downtrend had started on January 23, 2025 at 141.90 and reached 133.50 on February 25, 2025. XLI lost 8.40 points, or 5.92%, in 33 days. Price is near the Fibonacci 23.6% retracement level.
Daily Technical Indicators: [See XLI daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since February 3, 2025. This is an indication that the short-term trend is down.
A Parabolic SAR (stop and reversal) indicator (136.88) comes close to the price (135.60). It indicates that the trend is getting weaker. 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.
Price is close to the 50 Day Moving Average. 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.
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