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Archive - 5/23/2025 - Sign In to see current Signals. |
SPDR Retail (XRT) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the SPDR Retail (XRT). During the week, the XRT dropped -1.79 points, or -2.34%, and closed at 74.68 on Friday, May 23, 2025. XRT was trading at average weekly trading volume.
Long-term trend: [See XRT long-term trend chart] A long-term uptrend had started on September 30, 2022 at 55.33 and reached 84.84 on November 25, 2024. XRT gained -29.51 points, or -53.33%, in 112 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 58.78 and resistance is at 87.27. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See XRT medium-term trend chart] A medium-term uptrend had started on April 8, 2025 at 61.33 and reached 76.98 on May 20, 2025. XRT gained -15.65 points, or -25.52%, in 6 weeks. The price is now at the 14.70% retracement level.
Weekly Technical Indicators: [See XRT weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See XRT short-term trend chart] A short-term downtrend had started on May 20, 2025 at 76.98 and reached 73.87 on May 23, 2025. XRT lost 3.11 points, or 4.04%, in 3 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See XRT 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 11, 2025. The distance between MACD and the signal line is low and getting smaller. 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.
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