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Archive - 11/21/2025 - Sign In to see current Signals. |
SPDR Oil & Gas Equipment & Services (XES) 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 Oil & Gas Equipment & Services (XES). During the week, the XES dropped -1.99 points, or -2.49%, and closed at 77.82 on Friday, November 21, 2025. Weekly volume was -11% below average.
Long-term trend: [See XES long-term trend chart] A long-term downtrend had started on September 12, 2023 at 100.81 and reached 51.19 on April 9, 2025. XES lost 49.62 points, or 49.22%, in 82 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 38.50 and resistance is at 96.83. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See XES medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 51.19 and reached 83.54 on November 11, 2025. XES gained -32.35 points, or -63.20%, in 30 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 70.95 and resistance is at 78.97. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See XES weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since June 6, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See XES short-term trend chart] A short-term downtrend had started on November 11, 2025 at 83.54 and reached 75.01 on November 21, 2025. XES lost 8.53 points, or 10.21%, in 10 days. The price is now at the 32.94% retracement level.
Daily Technical Indicators: [See XES daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since November 11, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong. During the last week, the price has declined below 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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