XOP

Technical Sentiment Analysis for State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP). As of 2026-03-04, State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XOP stands at 72.89, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 5.46, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 88.79 and the Commodity Channel Index (CCI) at 173.29 further confirm a 12.72 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, XOP is trading above its 60-day moving average of $137.03 and above its 200-day long-term moving average of $131.12. Key price levels to watch include the immediate resistance at $162 and strong support at $145.15. A break above $162 could signal a bull continuation, while falling below $145.15 may test the next Fibonacci floor at $136.96.