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Archive
- 6/12/2026 -
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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 a first positive week for the Consumer Discretionary Select Sector SPDR (XLY). During the week, the XLY gained 1.74 points, or 1.51%, and closed at 116.60 on Friday, June 12, 2026. Weekly volume was -28% below average.
 Long-term trend: [See XLY long-term trend chart]
A long-term uptrend had started on December 28, 2022 at 63.00 and reached 125.01 on January 12, 2026. XLY gained -62.01 points, or -98.43%, in 158 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 98.84 and resistance is at 126.94. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
 Medium-term trend: [See XLY medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 105.19 and reached 122.19 on May 28, 2026. XLY gained -17.00 points, or -16.16%, in 8 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (118.57) 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 medium-term trend.
 Weekly Technical Indicators: [See XLY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since May 1, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 May 28, 2026 at 122.19 and reached 113.38 on June 10, 2026. XLY lost 8.81 points, or 7.21%, in 13 days. Price is near the Fibonacci 38.2% 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.
The daily MACD line is below its signal line since June 1, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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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