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Archive
- 10/31/2025 -
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Energy Select Sector SPDR (XLE) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a third consecutive positive week for the Energy Select Sector SPDR (XLE). During the week, the XLE climbed 0.06 points, or 0.07%, and closed at 88.13 on Friday, October 31, 2025. Weekly volume was -28% below average.
 Long-term trend: [See XLE long-term trend chart]
A long-term downtrend had started on April 12, 2024 at 98.97 and reached 74.49 on April 9, 2025. XLE lost 24.48 points, or 24.73%, in 51 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 66.08 and resistance is at 96.34. 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 XLE medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 74.49 and reached 92.91 on September 26, 2025. XLE gained -18.42 points, or -24.73%, in 24 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (90.74) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.
 Weekly Technical Indicators: [See XLE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since June 13, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend 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 October 16, 2025 at 84.70 and reached 89.56 on October 23, 2025. XLE gained -4.86 points, or -5.74%, in 7 days. The price is now at the 29.42% retracement level.
Daily Technical Indicators: [See XLE daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since October 22, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
Price is close to the 50 Day Moving Average. 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.
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