XLRE, the Real Estate Select Sector SPDR Fund ETF has advanced +4.21% over the past year, adding +18.09% since their 52-week low in April of 2025, while sitting just -5.55% below their 52-week high from November of 2024 (all figures ex-distributions).
Some of their largest holdings include American Tower Corp. (AMT), Prologis Inc. (PLD), Welltower Inc. (WELL), Equinix Inc. (EQIX), Digital Realty Trust (DLR), Realty Income Corp. (O), Simon Property Group Inc. (SPG), Public Storage Company (PSA), Crown Castle Inc. (CCI) & CBRE Group Inc. Class A (CBRE).
Below is a brief technical analysis of XLRE’s recent performance, along with an analysis of their volume sentiment at each price level they’ve traded at over the past ~10 years.
It is not financial advice, but rather an additional tool to reference while performing your own due diligence on XLRE, as it shows how market participants have behaved previously at each price level.
This can be particularly useful when analyzing the strength/weakness of support/resistance levels.
Technical Analysis Of XLRE, The Real Estate Select Sector SPDR Fund ETF
Their RSI is trending higher towards overbought from the neutral 50 mark & sits currently at 56.6, while their MACD is bearish, but their histogram suggests that there may be a bullish crossover (even if just a brief dolphin hop) on the near-horizon.
Volumes since the beginning of last week were +4.61% higher than the prior year’s average (6,030,000 vs. 5,764,160), indicating complacency & a bit of a “wait & see” attitude among market participants, given that their price has been in a consolidation range in that time.
Last week kicked off with a gap down open following Friday’s high wave doji, where market participants were not in agreement about much other than risk off based on the size of the upper & lower shadows of the candle.
The days high was $42.05, the low was $41.23 & the consensus at the close was XLRE was just right at $41.48.
This was on the second highest volume of the last 6 sessions, supporting the wide range of the session.
Tuesday opened on a gap lower, but saw market participants piling back in to close the day higher than it opened & briefly break over $40.50/share, indicating that there was some upside appetite after the blugeoning of the day before.
Tuesday closed in-line with the 200 day moving average, as market participants had to decide how they valued XLRE vs. its long-term trend.
Wednesday opened in the same range, tested out lower to briefly break down thought he 50 day moving average’s support, but managed to close above its open & be in-line with the 10 & 200 day moving averages.
Thursday saw a spark of optimism after XLRE retraced back to the 50 DMA’s support, before rallying above the resistance of both the 10 & 200 DMA.
Friday started off with some day-over-day profit taking, opening on a gap down at the 50 DMA, going lower briefly before rallying back to close above its open & just above the 10 day moving average, but the volume was slightly suspicious & in the lower half of the 6 session window being discussed.
Monday opening in line with the 10 day moving average & managed to on the highest volume of the six days advance +0.67%.
As the table below will show, XLRE has more support levels below it than resistance levels above it based on the past year.
This makes the upside case more dependant on some type of important catalyst with sustainable advancing volume to see it continue higher in the near-term.
The $42.05 & $42.42/share price levels will be important re-tests if they’re approached.
While they reside in a Buyer zone historically, the $43-43.99/share price zone is a Seller zone, which may draw caution from other market participants should they reach $42.60.
The consolidation case looks much like the past two & a half months & will see XLRE oscillate around its primary three moving averages mentioned above waiting for a reason to break out up or breakdown, while remaining in the range that it’s been in.
The downside case gets interesting, as should it gap below the 10, 50 & 200 day moving averages it enters two seller domainated zones, $39-39.99 & $40-40.99/share.
Given the recent influx of advancing volume with limited price movements out of the consolidation period we’ve seen, this could wind up being caused by or spurring profit taking, in which case all eyes should be looking to see if the $38.76/share level holds up.
While this isn’t guaranteed, it is something to keep on your radar, particularly in the event of a broader market selloff.
The section below lays out the one year support levels of XLRE, as well as the volume sentiment of the price levels that they’ve traded at over the past ~10 years.
Note that while there were some prices in that range below the table’s cut off point, the volumes there relative to the volumes at the levels listed were neglible & would continue the “NULL, 0:0*”‘s shown at the $20/share zone.
Price Level:Volume Sentiment For XLRE, The Real Estate Select Sector SPDR Fund ETF
The top table below shows the support & resistance levels of XLRE from the past year’s chart, as well as their price level:volume sentiment at each from data covering the past ~10 years, using Monday 7/14/2025’s closing data for their price & moving averages/other technicals, which can be used as a barometer for estimating the expected strength/weakness of each of the support/resistance levels.
The 10, 50 & 200 day moving averages are denoted with bold.
The next tables show the volume sentiment at each individual price level XLRE has traded at over the past ~10 years.
Beneath them is a copy & pasteable list of the same data, where the support/resistance levels are denoted in bold.
All ratios with “0” in the denominator are denoted with a “*”.
NULL values are price levels that had limited trading volume, whether it be due to gaps, quick advances or they are at price extremes; in the event that they are retested & there is more data they would have a distinct “Buyers”, “Sellers” or “Even” title.
This is not intended as financial advice, but rather another tool to consider when performing your own research & due diligence on XLRE.
$46 – NULL – 0:0*, +9.92% From Current Price Level
$45 – Buyers – 2.67:1, +7.53% From Current Price Level
$44 – Buyers – 1.5:1, +5.14% From Current Price Level
$43 – Sellers – 1.13:1, +2.75% From Current Price Level
$42 – Buyers – 1.63:1, +0.36% From Current Price Level
$41 – Buyers – 1.27:1, -2.03% From Current Price Level – Current Price Level, 10 Day Moving Average, 50 Day Moving Average & 200 Day Moving Average****
$40 – Sellers – 1.07:1, -4.42% From Current Price Level
$39 – Sellers – 1.11:1, -6.81% From Current Price Level
$38 – Buyers – 1.52:1, -9.2% From Current Price Level
$37 – Sellers – 1.04:1, -11.59% From Current Price Level
$36 – Buyers – 1.12:1, -13.98% From Current Price Level
$35 – Buyers – 1.21:1, -16.37% From Current Price Level
$34 – Buyers – 1.17:1, -18.76% From Current Price Level
$33 – Sellers – 1.05:1. -21.15% From Current Price Level
$32 – Buyers – 1.17:1, -23.54% From Current Price Level
$31 – Buyers – 1.42:1, -25.93% From Current Price Level
$30 – Sellers – 1.53:1, -28.32% From Current Price Level
$29 – Buyers – 1.47:1, -30.7% From Current Price Level
$28 – Buyers – 1.27:1, -33.09% From Current Price Level
$27 – Buyers – 1.12:1, -35.48% From Current Price Level
$26 – Buyers – 2.06:1, -37.87% From Current Price Level
$25 – Buyers – 1.15:1, -40.26% From Current Price Level
$24 – Buyers – 1.29:1, -42.65% From Current Price Level
$23 – Buyers – 1.19:1, -45.04% From Current Price Level
$22 – Sellers – 1.41:1, -47.43% From Current Price Level
$21 – Sellers – 5.33:1, -49.82% From Current Price Level
$20 – NULL – 0:0*, -52.21% From Current Price Level
*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN XLRE AT THE TIME OF PUBLISHING THIS ARTICLE ***