Industrial ETF May Face ResistanceThe SPDR Select Sector Industrial ETF dropped in early April, and some traders may expect another push to the downside.
The first pattern on today’s chart is the March 13 low of $128.26. XLI peaked $0.44 under that level this month, which may suggest old support has become new resistance.
Second, the 50-day simple moving average (SMA) recently had a “death cross” below its 200-day SMA. That may suggest the long-term trend has gotten more bearish.
Third, the stochastics oscillator’s leading line crossed under the smoothing signal line.
Fourth, the 8-day exponential moving average (EMA) has remained under the 21-day EMA.
Finally, XLI hit a 52-weeek low of $112.75 on April 7. Is a retest of that support needed?
Standardized Performances for the ETF mentioned above:
SPDR Select Sector Industrial ETF (XLI)
1-year: +4.06%
5-years: +122.11%
10-year: +135.02%
(As of March 31, 2025)
Exchange Traded Funds ("ETFs") are subject to management fees and other expenses. Before making investment decisions, investors should carefully read information found in the prospectus or summary prospectus, if available, including investment objectives, risks, charges, and expenses. Click here to find the prospectus.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
