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Archive - 9/4/2026 - Sign In to see current Signals. |
Industrial Select Sector SPDR (XLI) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Industrial Select Sector SPDR (XLI). During the week, the XLI dropped -1.87 points, or -1.06%, and closed at 175.27 on Friday, September 4, 2026. Weekly volume was -18% below average.
Long-term trend: [See XLI long-term trend chart] A long-term uptrend had started on March 6, 2009 at 15.14 and reached 188.19 on August 5, 2026. XLI gained -173.05 points, or -1143.00%, in 908 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (104.00) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 XLI medium-term trend chart] A medium-term uptrend had started on September 30, 2022 at 82.75 and reached 188.19 on August 5, 2026. XLI gained -105.44 points, or -127.42%, in 200 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 129.84 and resistance is at 185.76. 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 medium-term trend.
Weekly Technical Indicators: [See XLI weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since August 21, 2026. Use the following link to access a MACD help.
Short-term trend: [See XLI short-term trend chart] A short-term downtrend had started on August 5, 2026 at 188.19 and reached 171.62 on September 2, 2026. XLI lost 16.57 points, or 8.80%, in 28 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See XLI daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 daily MACD line is below its signal line since August 18, 2026. This is an indication that the short-term trend is down. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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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