Materials Select Sector Spdr Fund ETF Forecast

Hold candidate since Jul 01, 2026 Gain 1.94%

The Materials Select Sector SPDR Fund ETF price gained 1.94% on the last trading day (Thursday, 2nd Jul 2026), rising from $51.02 to $52.01. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 1.38% from a day low at $51.31 to a day high of $52.02. The price has been going up and down for this period, and there has been a -0.02% loss for the last 2 weeks. Volume fell on the last day by -1 million shares and in total, 11 million shares were bought and sold for approximately $570.52 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 ETFis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $52.67 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Materials Select Sector SPDR Fund ETF with a 90% probability to be traded between $48.61 and $52.36 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.

XLB Signals & Forecast

The Materials Select Sector SPDR Fund ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $51.30 and $51.11. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 29, 2026, and so far it has risen 2.66%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Materials Select Sector SPDR Fund ETF

Materials Select Sector SPDR Fund finds support from accumulated volume at $51.75 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $0.710 between high and low, or 1.38%. For the last week the ETF has had daily average volatility of 1.53%.

Our recommended stop-loss: $49.68 (-4.47%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (XLB) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Materials Select Sector SPDR Fund to open at $51.78, and during the day (based on 14 day Average True Range), to move between $51.56 and $52.46, which gives a possible trading interval of +/-$0.91 (+/-1.76%) up or down from last closing price. If Materials Select Sector SPDR Fund takes out the full calculated possible swing range there will be an estimated 1.76% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $52.02 (0.02%) than the support at $51.75 (0.50%), 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 Materials Select Sector SPDR Fund ETF A Buy?

Materials Select Sector SPDR Fund holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.795 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 6, 2026 - $51.78 ( 0.449%).

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