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Archive
- 5/23/2025 -
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Utilities Select Sector SPDR (XLU) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Utilities Select Sector SPDR (XLU). During the week, the XLU dropped -1.12 points, or -1.36%, and closed at 81.06 on Friday, May 23, 2025. XLU was trading at average weekly trading volume.
 Long-term trend: [See XLU long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 22.48 and reached 83.41 on November 27, 2024. XLU gained -60.93 points, or -271.04%, in 820 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 56.62 and resistance is at 89.47. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See XLU medium-term trend chart]
A medium-term downtrend had started on November 27, 2024 at 83.41 and reached 71.02 on April 9, 2025. XLU lost 12.39 points, or 14.85%, in 19 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (69.37) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See XLU weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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.
The weekly MACD line is above its signal line since May 9, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See XLU short-term trend chart]
A short-term downtrend had started on May 20, 2025 at 83.05 and reached 79.17 on May 22, 2025. XLU lost 3.88 points, or 4.67%, in 2 days. The price is now at the 48.71% retracement level.
 Daily Technical Indicators: [See XLU 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.
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