How StockCharts TV’s view on $XLI changed

2026-09-17Bearish

“Bonds Are the Real Risk Right Now, Not Stocks | RRG Outlook”

XLI is underperforming in the short term due to negative technical trends and rotation into the lagging quadrant.

Industrials is a completely different story. So, industrials was on a relatively okay track and then all of a sudden it hooked around and is now very clearly back on a negative trajectory back deeper into the lagging quadrant.

So industrials went to an underperform outlook for the coming weeks because of this sharp rotation which happened inside improving just before crossing over into leading.

Watch the source22:02

2026-08-28Bearish

“The Rally Is Still Working, But It’s Getting Selective”

XLI is in a confirmed downtrend.

We can also take a look at industrials XLI and the group did turn negative mid-August continuing to decline now below that 50-day simple moving average negative RSI and a negative MACD.

Certainly one of the major areas are the some of these larger construction companies, those that were involved in data centers. And again, it is going to be about those bottlenecks.

Either it is going to be because of the inability to get certain materials, but overall, XLI in a confirmed downtrend.

Watch the source07:24

2026-08-24Bearish

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