The Greedy Trader Weekly Analysis
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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

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- 10/9/2026 -
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SPDR Retail (XRT) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is oversoldStochastic has raised above the signal lineTrend support at 83.35
Daily :Broken trend resistance lineThe price moved above the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close together
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It was a third consecutive positive week for the SPDR Retail (XRT). During the week, the XRT gained 1.46 points, or 1.77%, and closed at 84.09 on Friday, October 9, 2026. It was the best weekly gain since July 31, 2026. Weekly volume was -44% below average.

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 price is near the trend support (83.35) line. The support is usually stronger when technical indicators are oversold. 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 support line 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 93.52 on August 5, 2026. XRT gained -38.19 points, or -69.02%, in 200 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 64.93 and resistance is at 95.20. 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 Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 weekly MACD line is below its signal line since September 4, 2026. 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 August 5, 2026 at 93.52 and reached 81.58 on October 1, 2026. XRT lost 11.94 points, or 12.77%, in 57 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (79.69) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.

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

The daily MACD line is above its signal line since September 28, 2026.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (3.9%) is close to one year low (4.18%). It is 53.36% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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) 63.78
Williams' Percentage Range (W%R) 48.50
Lane's Stochastic (%D-Slow) 76.19
Greed/Fear Indicator (GFI) 63.82
Moving Average Converg./Diverg. (MACD) -0.98
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.99
Williams' Percentage Range (W%R) 61.40
Lane's Stochastic (%D-Slow) 9.79
Strong Oversold
Greed/Fear Indicator (GFI) 30.67
Moving Average Converg./Diverg. (MACD) 0.47
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 95.20
Yearly Trendline Resistance 95.20
50 Day Moving Average 85.98
Upper Bollinger Band 85.17
Price 84.09
Daily Stochastic Crossing 83.69
Yearly Trendline Support 83.35
20 Day Moving Average 82.92
Weekly Trendline Resistance 82.47
Parabolic System 82.35
Weekly Stochastic Crossing 82.32
Lower Bollinger Band 81.90
Weekly Trendline Support 79.69
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 81.58
Low Date 10/01/2026
High 84.26
High Date 10/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 82.47
Support 79.69
High 93.52
High Date 08/05/2026
Low 81.58
Low Date 10/01/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 77.86
Low Date 05/20/2026
High 93.52
High Date 08/05/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 95.20
Support 64.93
Low 55.33
Low Date 09/30/2022
High 93.52
High Date 08/05/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 95.20
Support 83.35
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.