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Uptrend SupportArchive - 4/25/2025 - 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 a third consecutive positive week for the SPDR Retail (XRT). During the week, the XRT gained 1.98 points, or 2.98%, and closed at 68.48 on Friday, April 25, 2025. It was the best weekly gain since November 22, 2024. Weekly volume was 26% above average.
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 58.68 and resistance is at 86.87. 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 downtrend had started on November 25, 2024 at 84.84 and reached 61.33 on April 8, 2025. XRT lost 23.51 points, or 27.71%, in 19 weeks. The price is now at the 30.41% retracement level.
Weekly Technical Indicators: [See XRT weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 10, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 January 30, 2025 at 81.98 and reached 61.33 on April 8, 2025. XRT lost 20.65 points, or 25.19%, in 68 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (58.47) 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 April 11, 2025. The distance between MACD and the signal line is relatively high and getting bigger. 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.
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