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Archive
- 3/6/2026 -
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Consumer Discretionary Select Sector SPDR (XLY) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Consumer Discretionary Select Sector SPDR (XLY). During the week, the XLY dropped -2.42 points, or -2.07%, and closed at 114.44 on Friday, March 6, 2026. Weekly volume was 52% above average.
 Long-term trend: [See XLY long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 86.55 and reached 125.01 on January 12, 2026. XLY gained -38.46 points, or -44.44%, in 40 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (121.21) 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 XLY medium-term trend chart]
A medium-term downtrend had started on January 12, 2026 at 125.01 and reached 111.81 on March 3, 2026. XLY lost 13.20 points, or 10.56%, in 7 weeks. The price is now at the 19.92% retracement level.
 Weekly Technical Indicators: [See XLY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since January 23, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See XLY short-term trend chart]
A short-term downtrend had started on March 5, 2026 at 117.08 and reached 113.64 on March 6, 2026. XLY lost 3.44 points, or 2.94%, in 1 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See XLY 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.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The distance between the Bollinger Bands (3.74%) is close to one year low (3.90%). It is 55.34% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.
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