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Select Sector SPDR ETFs Technical Analysis - XLIArchive
- 3/21/2025 -
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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 1.20 points, or 0.92%, and closed at 132.30 on Friday, March 21, 2025. It was the best weekly gain since January 24, 2025. XLI was trading at average weekly trading volume.
 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 (96.45) 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 128.30 on March 13, 2025. XLI lost 16.21 points, or 11.22%, in 15 weeks. Price is near the Fibonacci 23.6% 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. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 128.30 on March 13, 2025. XLI lost 13.60 points, or 9.58%, in 49 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 126.74 and resistance is at 135.68. 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 short-term trend.
Daily Technical Indicators: [See XLI daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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.
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