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Archive - 6/18/2026 - Sign In to see current Signals. |
Consumer Staples Select Sector SPDR (XLP) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Consumer Staples Select Sector SPDR (XLP). During the week, the XLP dropped -2.52 points, or -2.94%, and closed at 83.30 on Thursday, June 18, 2026. It was the worst weekly loss since March 20, 2026. Weekly volume was -23% below average.
Long-term trend: [See XLP long-term trend chart] A long-term uptrend had started on November 6, 2025 at 75.16 and reached 90.14 on February 17, 2026. XLP gained -14.98 points, or -19.93%, in 14 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (101.05) 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 XLP medium-term trend chart] A medium-term downtrend had started on February 27, 2026 at 90.06 and reached 80.46 on April 15, 2026. XLP lost 9.60 points, or 10.66%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 81.85 and resistance is at 85.43. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See XLP weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 27, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See XLP short-term trend chart] A short-term uptrend had started on April 15, 2026 at 80.46 and reached 86.70 on May 19, 2026. XLP gained -6.24 points, or -7.76%, in 34 days. The price is now at the 54.49% retracement level.
Daily Technical Indicators: [See XLP daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since June 9, 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 price has declined below the moving average in the center of the Bollinger Bands. 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. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
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