XOP

Technical Sentiment Analysis for State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP). As of 2026-04-16, State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XOP stands at 47.38, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.51, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 11.4 and the Commodity Channel Index (CCI) at -98.56 further confirm a -7.03 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, XOP is trading above its 60-day moving average of $158.86 and above its 200-day long-term moving average of $138.14. Key price levels to watch include the immediate resistance at $182.06 and strong support at $160.7. A break above $182.06 could signal a bull continuation, while falling below $160.7 may test the next Fibonacci floor at $150.47.