The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

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- 12/26/2025 -
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Materials Select Sector SPDR (XLB) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is strongly overboughtTrend resistance at 46.19
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overboughtMACD bearish divergence
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It was a third consecutive positive week for the Materials Select Sector SPDR (XLB). During the week, the XLB gained 0.74 points, or 1.63%, and closed at 46.11 on Friday, December 26, 2025. Weekly volume was -48% below average.

Long-term trend: [See XLB long-term trend chart]
A long-term downtrend had started on July 10, 2025 at 46.43 and reached 42.04 on November 4, 2025. XLB lost 4.39 points, or 9.46%, in 16 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The price is near the trend resistance line (46.19). 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 long-term trend.

Medium-term trend: [See XLB medium-term trend chart]
A medium-term uptrend had started on November 4, 2025 at 42.04 and reached 46.14 on December 26, 2025. XLB gained -4.10 points, or -9.75%, in 7 weeks. Price is near the trend high.

Weekly Technical Indicators: [See XLB weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is above its signal line since December 12, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See XLB short-term trend chart]
A short-term uptrend had started on December 10, 2025 at 43.35 and reached 46.14 on December 26, 2025. XLB gained -2.79 points, or -6.44%, in 16 days. Price is near the trend high.

Daily Technical Indicators: [See XLB daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since November 20, 2025. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 76.86
Williams' Percentage Range (W%R) 6.80
Strong Overbought
Lane's Stochastic (%D-Slow) 95.48
Strong Overbought
Greed/Fear Indicator (GFI) 88.51
Overbought
Moving Average Converg./Diverg. (MACD) 0.42 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.26
Williams' Percentage Range (W%R) 9.40
Strong Overbought
Lane's Stochastic (%D-Slow) 73.08
Greed/Fear Indicator (GFI) 72.70
Moving Average Converg./Diverg. (MACD) -0.01
Trading Signals
Description Value Chart
Upper Bollinger Band 46.38
Monthly Trendline Resistance 46.19
Price 46.11
Daily Stochastic Crossing 46.10
Weekly Stochastic Crossing 45.36
Parabolic System 45.36
20 Day Moving Average 44.84
50 Day Moving Average 44.04
Lower Bollinger Band 43.44
Monthly Trendline Support 41.50
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 43.35
Low Date 12/10/2025
High 46.14
High Date 12/26/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.04
Low Date 11/04/2025
High 46.14
High Date 12/26/2025
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Test Resistance
Resistance 46.19
Support 41.50
High 46.43
High Date 07/10/2025
Low 42.04
Low Date 11/04/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 36.56
Low Date 04/08/2025
High 46.43
High Date 07/10/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 48.94
High Date 10/18/2024
Low 36.56
Low Date 04/08/2025
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.