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Archive - 4/10/2026 - 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 a second positive week after 5 consecutive negative weeks for the Consumer Discretionary Select Sector SPDR (XLY). During the week, the XLY gained 4.74 points, or 4.38%, and closed at 112.89 on Friday, April 10, 2026. It was the best weekly gain since January 9, 2026. Weekly volume was -22% below average.
Long-term trend: [See XLY long-term trend chart] A long-term uptrend had started on April 7, 2025 at 86.55 and reached 125.01 on January 12, 2026. XLY gained -38.46 points, or -44.44%, in 40 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (124.84) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.
Medium-term trend: [See XLY medium-term trend chart] A medium-term downtrend had started on January 12, 2026 at 125.01 and reached 105.19 on March 30, 2026. XLY lost 19.82 points, or 15.85%, in 11 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 102.91 and resistance is at 117.69. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See XLY weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 Lane's Stochastic help. The weekly MACD line is below its signal line since January 23, 2026. This is an indication that the medium-term trend is down. 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 March 30, 2026 at 105.19 and reached 113.46 on April 10, 2026. XLY gained -8.27 points, or -7.86%, in 11 days. The price is now at the 6.89% retracement level.
Daily Technical Indicators: [See XLY daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is above its signal line since March 31, 2026. This is an indication that the short-term trend is up. During the last week, the price has moved above 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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