The Greedy Trader Weekly Analysis
Sign In Aug 7, 2026
Skip Navigation Links
Share
Number of records: 2
Symbol:  

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

Uptrend Support

Uptrend Support 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. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.

Uptrend Support

Archive
- 7/31/2026 -
Sign In to see current Signals.

SPDR Retail (XRT) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overbought
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the SPDR Retail (XRT). During the week, the XRT gained 2.77 points, or 3.18%, and closed at 89.78 on Friday, July 31, 2026. XRT was trading at average weekly trading volume.

Long-term trend: [See XRT long-term trend chart]
A long-term uptrend had started on March 23, 2020 at 26.29 and reached 104.26 on November 16, 2021. XRT gained -77.97 points, or -296.58%, in 86 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 81.75 and resistance is at 94.16. 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 XRT medium-term trend chart]
A medium-term uptrend had started on September 30, 2022 at 55.33 and reached 92.94 on July 29, 2026. XRT gained -37.61 points, or -67.97%, in 199 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 64.45 and resistance is at 94.16. 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 medium-term trend.

Weekly Technical Indicators: [See XRT weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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.

The weekly MACD line is above its signal line since June 12, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See XRT short-term trend chart]
A short-term uptrend had started on July 23, 2026 at 85.87 and reached 92.94 on July 29, 2026. XRT gained -7.07 points, or -8.23%, in 6 days. The price is now at the 44.70% retracement level.

Daily Technical Indicators: [See XRT daily technical indicators chart]
Daily technical indicators are neutral.

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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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) 57.94
Williams' Percentage Range (W%R) 31.80
Lane's Stochastic (%D-Slow) 72.38
Greed/Fear Indicator (GFI) 66.18
Moving Average Converg./Diverg. (MACD) 0.89
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.90
Williams' Percentage Range (W%R) 16.50
Overbought
Lane's Stochastic (%D-Slow) 83.58
Overbought
Greed/Fear Indicator (GFI) 73.95
Moving Average Converg./Diverg. (MACD) 0.57
Trading Signals
Description Value Chart
Monthly Trendline Support 94.92
Yearly Trendline Resistance 94.16
Quarterly Trendline Resistance 94.16
Monthly Trendline Resistance 93.46
Upper Bollinger Band 91.90
Daily Stochastic Crossing 91.13
Weekly Stochastic Crossing 90.96
Price 89.78
20 Day Moving Average 88.62
50 Day Moving Average 86.65
Parabolic System 86.60
Lower Bollinger Band 85.61
Yearly Trendline Support 81.75
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 92.94
High Date 07/29/2026
Low 89.35
Low Date 07/31/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 85.87
Low Date 07/23/2026
High 92.94
High Date 07/29/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 93.46
Support 94.92
Low 77.86
Low Date 05/20/2026
High 92.94
High Date 07/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 94.16
Support 64.45
Low 55.33
Low Date 09/30/2022
High 92.94
High Date 07/29/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 94.16
Support 81.75
Low 26.29
Low Date 03/23/2020
High 104.26
High Date 11/16/2021
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.