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Archive
- 10/16/2026 -
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SPDR Retail (XRT) Technical Analysis
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| Summary:
| | Weekly : | | Daily : 
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| | It was a fourth consecutive positive week for the SPDR Retail (XRT). During the week, the XRT gained 2.93 points, or 3.48%, and closed at 87.02 on Friday, October 16, 2026. It was the best weekly gain since June 12, 2026. Weekly volume was -8% below average.
 Long-term trend: [See XRT long-term trend chart]
A long-term uptrend had started on March 23, 2020 at 26.29 and reached 104.26 on November 16, 2021. XRT gained -77.97 points, or -296.58%, in 86 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 83.52 and resistance is at 95.31. 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 XRT medium-term trend chart]
A medium-term uptrend had started on September 30, 2022 at 55.33 and reached 93.52 on August 5, 2026. XRT gained -38.19 points, or -69.02%, in 200 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 64.98 and resistance is at 95.31. 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 XRT 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 September 4, 2026. Use the following link to access a MACD help.
 Short-term trend: [See XRT short-term trend chart]
A short-term downtrend had started on August 5, 2026 at 93.52 and reached 81.58 on October 1, 2026. XRT lost 11.94 points, or 12.77%, in 57 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (78.73) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. XRT may retest the broken resistance line. It is considered to be a support line now. 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 XRT daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Use the following links to access Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is above its signal line since September 28, 2026. The distance between MACD and the signal line is near its high and getting bigger.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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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