|
|
Select Sector SPDR ETFs Technical Analysis - XLBArchive - 1/16/2026 - Sign In to see current Signals. |
Materials Select Sector SPDR (XLB) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a sixth consecutive positive week for the Materials Select Sector SPDR (XLB). During the week, the XLB climbed 0.42 points, or 0.87%, and closed at 48.68 on Friday, January 16, 2026. Weekly volume was 10% above average.
Long-term trend: [See XLB long-term trend chart] A long-term downtrend had started on October 18, 2024 at 48.94 and reached 36.56 on April 8, 2025. XLB lost 12.38 points, or 25.30%, in 24 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (43.92) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. XLB may retest the broken resistance line. It is considered to be a support line now. 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 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 49.14 on January 14, 2026. XLB gained -7.10 points, or -16.89%, in 10 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (44.58) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See XLB weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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 links to access Lane's Stochastic and 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. 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 49.14 on January 14, 2026. XLB gained -5.79 points, or -13.36%, in 35 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 47.19 and resistance is at 49.64. 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 short-term trend.
Daily Technical Indicators: [See XLB daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. The daily MACD line is above its signal line since November 20, 2025. This is an indication that the short-term trend is up.
| |
|
|