The Greedy Trader Weekly Analysis
Sign In Jun 20, 2025
Skip Navigation Links
Share
Number of records: 6
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Resistance
Downtrend Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

Archive
- 6/13/2025 -
Sign In to see current Signals.

SPDR Oil & Gas Exploration & Production (XOP) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Trend resistance at 137.00
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

It was a second consecutive positive week for the SPDR Oil & Gas Exploration & Production (XOP). During the week, the XOP gained 9.55 points, or 7.75%, and closed at 132.78 on Friday, June 13, 2025. Weekly volume was 76% above average.

Long-term trend: [See XOP long-term trend chart]
A long-term downtrend had started on November 25, 2024 at 149.80 and reached 99.00 on April 9, 2025. XOP lost 50.80 points, or 33.91%, in 19 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (137.00). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See XOP medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 99.00 and reached 133.27 on June 13, 2025. XOP gained -34.27 points, or -34.62%, in 9 weeks. Price is near the trend high.

Weekly Technical Indicators: [See XOP weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since May 23, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See XOP short-term trend chart]
A short-term uptrend had started on May 22, 2025 at 118.14 and reached 133.27 on June 13, 2025. XOP gained -15.13 points, or -12.81%, in 22 days. The chart has formed a Rising Channel chart pattern.

Daily Technical Indicators: [See XOP daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 above the upper Bollinger Band. It is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.89
Williams' Percentage Range (W%R) 5.00
Strong Overbought
Lane's Stochastic (%D-Slow) 89.04
Overbought
Greed/Fear Indicator (GFI) 85.64
Overbought
Moving Average Converg./Diverg. (MACD) 1.65
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.13
Williams' Percentage Range (W%R) 27.30
Lane's Stochastic (%D-Slow) 71.65
Greed/Fear Indicator (GFI) 64.71
Moving Average Converg./Diverg. (MACD) -4.78
Trading Signals
Description Value Chart
Monthly Trendline Resistance 137.00
Price 132.78
Daily Stochastic Crossing 132.04
Upper Bollinger Band 130.60
Weekly Stochastic Crossing 126.06
20 Day Moving Average 123.47
Parabolic System 120.80
50 Day Moving Average 117.35
Lower Bollinger Band 116.96
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 118.14
Low Date 05/22/2025
High 133.27
High Date 06/13/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 99.00
Low Date 04/09/2025
High 133.27
High Date 06/13/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 137.00
Support 83.06
High 149.80
High Date 11/25/2024
Low 99.00
Low Date 04/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 162.49
High Date 04/12/2024
Low 99.00
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 170.62
High Date 06/08/2022
Low 99.00
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.