The Greedy Trader Weekly Analysis
Sign In Aug 7, 2026
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

Select Sector SPDR ETFs Technical Analysis - XLE

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

Energy Select Sector SPDR (XLE) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Trend resistance at 59.30
Daily :Stochastic signal line moved below overbought areaThe price has fallen below the Parabolic SAR20 Day Moving Average has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Energy Select Sector SPDR (XLE). During the week, the XLE gave back -0.07 points, or -0.12%, and closed at 59.55 on Friday, July 31, 2026. Weekly volume was -28% below average.

Long-term trend: [See XLE long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 37.25 and reached 63.46 on March 30, 2026. XLE gained -26.21 points, or -70.36%, in 50 weeks. The price is now at the 14.92% retracement level.

Medium-term trend: [See XLE medium-term trend chart]
A medium-term downtrend had started on March 30, 2026 at 63.46 and reached 52.62 on July 1, 2026. XLE lost 10.84 points, or 17.08%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (59.30). 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 medium-term trend.

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

The weekly MACD line is below its signal line since May 8, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See XLE short-term trend chart]
A short-term uptrend had started on July 1, 2026 at 52.62 and reached 60.45 on July 24, 2026. XLE gained -7.83 points, or -14.88%, in 23 days. The price is now at the 11.49% retracement level.

Daily Technical Indicators: [See XLE daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. 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 July 6, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

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.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.99
Williams' Percentage Range (W%R) 20.40
Lane's Stochastic (%D-Slow) 49.96
Greed/Fear Indicator (GFI) 65.85
Moving Average Converg./Diverg. (MACD) 0.71
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.46
Williams' Percentage Range (W%R) 41.80
Lane's Stochastic (%D-Slow) 44.37
Greed/Fear Indicator (GFI) 50.90
Moving Average Converg./Diverg. (MACD) 1.96
Trading Signals
Description Value Chart
Upper Bollinger Band 61.23
Parabolic System 60.32
Price 59.55
Monthly Trendline Resistance 59.30
Daily Stochastic Crossing 58.80
20 Day Moving Average 57.29
Weekly Stochastic Crossing 56.85
50 Day Moving Average 56.67
Lower Bollinger Band 53.98
Monthly Trendline Support 52.29
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 60.45
High Date 07/24/2026
Low 57.25
Low Date 07/28/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 52.62
Low Date 07/01/2026
High 60.45
High Date 07/24/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Test Resistance
Resistance 59.30
Support 52.29
High 63.46
High Date 03/30/2026
Low 52.62
Low Date 07/01/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 37.25
Low Date 04/09/2025
High 63.46
High Date 03/30/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 11.44
Low Date 03/18/2020
High 63.46
High Date 03/30/2026
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.