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Archive - 8/7/2026 - Sign In to see current Signals. |
Health Care Select Sector SPDR (XLV) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Health Care Select Sector SPDR (XLV). During the week, the XLV gained 3.13 points, or 1.93%, and closed at 165.68 on Friday, August 7, 2026. XLV was trading at average weekly trading volume.
Long-term trend: [See XLV long-term trend chart] A long-term uptrend had started on March 6, 2009 at 21.63 and reached 168.53 on July 28, 2026. XLV gained -146.90 points, or -679.15%, in 907 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 133.51 and resistance is at 179.68. 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 XLV medium-term trend chart] A medium-term uptrend had started on July 21, 2026 at 157.23 and reached 168.53 on July 28, 2026. XLV gained -11.30 points, or -7.19%, in 1 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See XLV weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since June 12, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See XLV short-term trend chart] A short-term downtrend had started on July 28, 2026 at 168.53 and reached 160.73 on July 31, 2026. XLV lost 7.80 points, or 4.63%, in 3 days. Price is near the Fibonacci 61.8% retracement level.
Daily Technical Indicators: [See XLV daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since July 30, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. A Parabolic SAR (stop and reversal) indicator (166.8) comes close to the price (165.68). It indicates that the trend is getting weaker. 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.
Candlestick pattern: [See XLV candlestick chart pattern] On Friday the chart has formed a Bullish Piercing Line Candlestick pattern. This pattern suggests bulls have begun to take charge of the market, and shorts have been shaken by the sudden lost of bearish momentum. The reliability of the Bullish Piercing Line pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Piercing Line Candlestick pattern during the last week.
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