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Uptrend Support

Uptrend Support 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. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.

Uptrend Support

Archive
- 9/5/2025 -
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Consumer Staples Select Sector SPDR (XLP) Technical Analysis

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Summary:
Weekly :Trend support at 80.94
Daily :Broken trend resistance lineWilliams' Percentage Range is oversoldStochastic signal line moved above oversold areaPrice is close to the 50 Day Moving Average
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It was a first positive week for the Consumer Staples Select Sector SPDR (XLP). During the week, the XLP climbed 0.09 points, or 0.11%, and closed at 80.87 on Friday, September 5, 2025. Weekly volume was 29% above average.

Long-term trend: [See XLP long-term trend chart]
A long-term uptrend had started on October 6, 2023 at 65.18 and reached 84.53 on September 16, 2024. XLP gained -19.35 points, or -29.69%, in 49 weeks. The chart has formed a Ascending Triangle chart pattern. The trend support level is at 79.51 and resistance is at 83.91. An Ascending Triangle is a variation of triangle formation that has a flat resistance line and rising support line. The higher lows indicate an increasing demand and give the ascending triangle definitive bullish bias. An Ascending Triangle usually represents an accumulation stage in bullish market. An Ascending Triangle is considered to be a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Use the following link to access a Ascending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Ascending Triangle pattern in a long-term trend.

Medium-term trend: [See XLP medium-term trend chart]
A medium-term uptrend had started on April 8, 2025 at 75.61 and reached 83.90 on August 20, 2025. XLP gained -8.29 points, or -10.96%, in 19 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (80.94) line. The support is usually stronger when technical indicators are oversold. 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 support line in a medium-term trend.

Weekly Technical Indicators: [See XLP weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since August 22, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See XLP short-term trend chart]
A short-term downtrend had started on August 20, 2025 at 83.90 and reached 79.91 on September 3, 2025. XLP lost 3.99 points, or 4.76%, in 14 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (79.83) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.

Daily Technical Indicators: [See XLP daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. 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 22, 2025. This is an indication that the short-term trend is down.

Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.17
Williams' Percentage Range (W%R) 82.10
Oversold
Lane's Stochastic (%D-Slow) 23.94
Greed/Fear Indicator (GFI) 27.34
Moving Average Converg./Diverg. (MACD) -0.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.12
Williams' Percentage Range (W%R) 70.70
Lane's Stochastic (%D-Slow) 52.97
Greed/Fear Indicator (GFI) 43.51
Moving Average Converg./Diverg. (MACD) 0.29
Trading Signals
Description Value Chart
Monthly Trendline Resistance 84.03
Quarterly Trendline Resistance 83.91
Upper Bollinger Band 83.08
Weekly Stochastic Crossing 82.02
Parabolic System 81.85
20 Day Moving Average 81.65
50 Day Moving Average 81.29
Monthly Trendline Support 80.94
Price 80.87
Daily Stochastic Crossing 80.25
Weekly Trendline Resistance 80.19
Weekly Trendline Support 79.83
Quarterly Trendline Support 79.51
Lower Bollinger Band 79.37
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 79.91
Low Date 09/03/2025
High 81.28
High Date 09/05/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 80.19
Support 79.83
High 83.90
High Date 08/20/2025
Low 79.91
Low Date 09/03/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 84.03
Support 80.94
Low 75.61
Low Date 04/08/2025
High 83.90
High Date 08/20/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Valid
Resistance 83.91
Support 79.51
Low 65.18
Low Date 10/06/2023
High 84.53
High Date 09/16/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.82
Low Date 03/10/2003
High 84.53
High Date 09/16/2024
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.