|
|
Archive
- 5/23/2025 -
Sign In to see current Signals. |
Consumer Discretionary Select Sector SPDR (XLY) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Consumer Discretionary Select Sector SPDR (XLY). During the week, the XLY dropped -7.02 points, or -3.23%, and closed at 210.65 on Friday, May 23, 2025. Weekly volume was 21% above average.
 Long-term trend: [See XLY long-term trend chart]
A long-term uptrend had started on December 28, 2022 at 126.00 and reached 240.30 on December 18, 2024. XLY gained -114.30 points, or -90.71%, in 103 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See XLY medium-term trend chart]
A medium-term downtrend had started on December 18, 2024 at 240.30 and reached 173.10 on April 7, 2025. XLY lost 67.20 points, or 27.97%, in 15 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 147.38 and resistance is at 223.64. 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 medium-term trend.
 Weekly Technical Indicators: [See XLY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since February 7, 2025. 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 XLY short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 173.10 and reached 218.18 on May 20, 2025. XLY gained -45.08 points, or -26.04%, in 43 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 190.96 and resistance is at 220.55. 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 short-term trend.
Daily Technical Indicators: [See XLY daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily 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 daily MACD line is above its signal line since April 21, 2025. 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.
| |
|
|