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Archive - 4/17/2025 - Sign In to see current Signals. |
SPDR Oil & Gas Exploration & Production (XOP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the SPDR Oil & Gas Exploration & Production (XOP). During the week, the XOP gained 4.33 points, or 4.02%, and closed at 111.93 on Thursday, April 17, 2025. Weekly volume was 15% above average.
Long-term trend: [See XOP long-term trend chart] A long-term uptrend had started on August 19, 2021 at 71.48 and reached 170.62 on June 8, 2022. XOP gained -99.14 points, or -138.70%, in 41 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (128.67) 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 XOP medium-term trend chart] A medium-term downtrend had started on April 12, 2024 at 162.49 and reached 99.00 on April 9, 2025. XOP lost 63.49 points, or 39.07%, in 51 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (124.91) is broken. Usually a broken support is considered to be a long-term bearish 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 support in a medium-term trend.
Weekly Technical Indicators: [See XOP weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 21, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See XOP short-term trend chart] A short-term downtrend had started on January 16, 2025 at 146.60 and reached 99.00 on April 9, 2025. XOP lost 47.60 points, or 32.47%, in 83 days. The chart has formed a Broadening Descending Wedge chart pattern.
Daily Technical Indicators: [See XOP daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 2, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. The distance between the Bollinger Bands is 271.86% higher then one year average. It indicates the period of high volatility of the stock price. 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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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
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Industry |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
High |
146.60 |
High Date |
01/16/2025 |
Low |
99.00 |
Low Date |
04/09/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
149.80 |
High Date |
11/25/2024 |
Low |
99.00 |
Low Date |
04/09/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Descending Triangle |
Status |
Broken Support |
Resistance |
141.58 |
Support |
124.91 |
High |
162.49 |
High Date |
04/12/2024 |
Low |
99.00 |
Low Date |
04/09/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
170.62 |
High Date |
06/08/2022 |
Low |
99.00 |
Low Date |
04/09/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Symmetric Triangle |
Status |
Broken Support |
Resistance |
158.25 |
Support |
128.67 |
Low |
71.48 |
Low Date |
08/19/2021 |
High |
170.62 |
High Date |
06/08/2022 |
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