
Technical analysis of State Street Energy Select Sector SPDR ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
The State Street Energy Select Sector SPDR ETF (XLE) is an exchange-traded fund that tracks the performance of an index of energy sector companies. The fund invests at least 95% of its assets in securities of companies classified as energy companies, including firms operating in the oil, gas, consumable fuels, and energy equipment and services sectors.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 2, 2026, computed on the last 12 months of prices.
21 sessions
61.97 $
+4.54%
50 sessions
58.78 $
+10.22%
200 sessions
54.18 $
+19.58%
s2
63.69
Support
s1
64.23
Support
pivot
64.59
Pivot
r1
65.13
Resistance
r2
65.49
Resistance
In the September 2, 2026 session State Street Energy Select Sector SPDR ETF closed higher at 64.78 $, +0.02% versus the previous session.
The price sits above every moving average observed: +4.54% against the 21-session average, +10.22% against the 50 and +19.58% against the 200.
The 14-period RSI reads 70.6, in overbought territory.
MACD stands at 1.470 against a signal line at 1.411: the histogram is positive (+0.059).
ADX reads 27.4, indicating a marked directionality.
Levels computed on the latest session place supports at 64.23 and 63.69 $ and resistances at 65.13 and 65.49 $, around a pivot of 64.59.
The average daily range (ATR) is 1.157 $, or 1.79% of price.
Turnover was 6.7M shares, 27% of the 20-session average.
Over the last twelve months the price ranged between 52.62 and 64.98 $, and today stands −0.30% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is State Street Energy Select Sector SPDR ETF analysed technically?
Technical analysis of State Street Energy Select Sector SPDR ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for State Street Energy Select Sector SPDR ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to State Street Energy Select Sector SPDR ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to State Street Energy Select Sector SPDR ETF it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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