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Archive - 7/17/2026 - Sign In to see current Signals. |
Consumer Discretionary Select Sector SPDR (XLY) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Consumer Discretionary Select Sector SPDR (XLY). During the week, the XLY dropped -1.80 points, or -1.54%, and closed at 115.44 on Friday, July 17, 2026. Weekly volume was -29% below average.
Long-term trend: [See XLY long-term trend chart] A long-term uptrend had started on December 28, 2022 at 63.00 and reached 125.01 on January 12, 2026. XLY gained -62.01 points, or -98.43%, in 158 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 99.79 and resistance is at 127.36. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See XLY medium-term trend chart] A medium-term downtrend had started on May 28, 2026 at 122.19 and reached 113.13 on June 25, 2026. XLY lost 9.06 points, or 7.41%, in 4 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See XLY weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since June 18, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See XLY short-term trend chart] A short-term uptrend had started on June 25, 2026 at 113.13 and reached 119.21 on July 2, 2026. XLY gained -6.08 points, or -5.37%, in 7 days. Price is near the Fibonacci 61.8% retracement level.
Daily Technical Indicators: [See XLY daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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