Spdr S&p Oil & Gas Equipment & Services Etf ETF Forecast

Sell candidate since Jul 01, 2026 Gain 3.19%

The SPDR S&P Oil & Gas Equipment & Services ETF price gained 3.44% on the last trading day (Wednesday, 8th Jul 2026), rising from $107.79 to $111.50. During the last trading day the ETF fluctuated 2.31% from a day low at $109.13 to a day high of $111.65. The price has fallen in 6 of the last 10 days and is down by -1.74% for this period. Volume fell on the last day by -85 thousand shares and in total, 90 thousand shares were bought and sold for approximately $10.02 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -8.50% during the next 3 months and, with a 90% probability hold a price between $96.34 and $116.23 at the end of this 3-month period.

XES Signals & Forecast

There are mixed signals in the ETF today. The SPDR S&P Oil & Gas Equipment & Services ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $119.18. On a fall, the ETF will find some support from the short-term average at $109.12. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Monday, July 06, 2026, and so far it has risen 5.52%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely.

Support, Risk & Stop-loss for SPDR S&P Oil & Gas Equipment & Services ETF

SPDR S&P Oil & Gas Equipment & Services finds support from accumulated volume at $108.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $2.52 between high and low, or 2.31%. For the last week, the ETF has had daily average volatility of 2.98%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (XES) For The Upcoming Trading Day Of Thursday 9th

For the upcoming trading day on Thursday, 9th we expect SPDR S&P Oil & Gas Equipment & Services ETF to open at $110.76, and during the day (based on 14 day Average True Range), to move between $109.87 and $113.13, which gives a possible trading interval of +/-$3.26 (+/-2.97%) up or down from last closing price. If SPDR S&P Oil & Gas Equipment & Services ETF takes out the full calculated possible swing range there will be an estimated 2.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $112.08 (0.52%) than the support at $108.05 (3.09%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is SPDR S&P Oil & Gas Equipment & Services ETF ETF A Buy?

SPDR S&P Oil & Gas Equipment & Services holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -2.176 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 9, 2026 - $110.76 ( 0.664%).

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