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Archive - 7/17/2026 - Sign In to see current Signals. |
Utilities Select Sector SPDR (XLU) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Utilities Select Sector SPDR (XLU). During the week, the XLU gave back -0.24 points, or -0.53%, and closed at 45.17 on Friday, July 17, 2026. Weekly volume was -24% below average.
Long-term trend: [See XLU long-term trend chart] A long-term uptrend had started on October 6, 2023 at 27.39 and reached 47.80 on February 27, 2026. XLU gained -20.41 points, or -74.52%, in 125 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 43.29 and resistance is at 50.53. 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 long-term trend.
Medium-term trend: [See XLU medium-term trend chart] A medium-term downtrend had started on February 27, 2026 at 47.80 and reached 43.07 on June 1, 2026. XLU lost 4.73 points, or 9.90%, in 13 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 42.18 and resistance is at 47.47. 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See XLU weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 1, 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 XLU short-term trend chart] A short-term uptrend had started on July 9, 2026 at 45.04 and reached 46.28 on July 14, 2026. XLU gained -1.24 points, or -2.75%, in 5 days. The price is now at the 89.52% 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. A Parabolic SAR (stop and reversal) indicator (45) comes close to the price (45.17). 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. 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. 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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