Spdr S&p Metals And Mining Etf ETF Forecast

Sell candidate since Jul 01, 2026 Gain 0.74%

The SPDR S&P Metals and Mining ETF price gained 0.738% on the last trading day (Thursday, 2nd Jul 2026), rising from $104.36 to $105.13. During the last trading day the ETF fluctuated 5.16% from a day low at $103.52 to a day high of $108.87. The price has fallen in 7 of the last 10 days and is down by -11.2% for this period. Volume fell on the last day by -3 million shares and in total, 2 million shares were bought and sold for approximately $240.42 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 lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $104.31 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the ETF is expected to fall -2.10% during the next 3 months and, with a 90% probability hold a price between $102.12 and $129.08 at the end of this 3-month period.

XME Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, July 01, 2026, and so far it has risen 0.738%. 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. The SPDR S&P Metals and Mining ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $106.70 and $117.04. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for SPDR S&P Metals and Mining ETF

SPDR S&P Metals and Mining finds support from accumulated volume at $104.36 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 $5.35 between high and low, or 5.16%. For the last week, the ETF has had daily average volatility of 3.30%.

SPDR S&P Metals and Mining is oversold on RSI14 (21). Some ETFS may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

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

For the upcoming trading day on Monday, 6th we expect SPDR S&P Metals and Mining ETF to open at $105.84, and during the day (based on 14 day Average True Range), to move between $103.11 and $107.15, which gives a possible trading interval of +/-$4.04 (+/-3.92%) up or down from last closing price. If SPDR S&P Metals and Mining ETF takes out the full calculated possible swing range there will be an estimated 3.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $104.36 (0.73%) than the resistance at $113.19 (7.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is SPDR S&P Metals and Mining ETF ETF A Buy?

SPDR S&P Metals and Mining holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -1.408 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 6, 2026 - $105.84 ( 0.674%).

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