ETF Technical Analysis Update: January 28, 2026
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research or consult a professional advisor before making investment decisions.
Overall Market Insights
The latest ETF analysis shows a bullish outlook, driven by MACD, RSI, SMA crossovers, and DMI indicators. Large-caps (DIA, SPY, QQQ) and mid/small-caps (IJH, IWM) signal buys. Sectors like banking (KBE), health (XHS), materials (XLB), staples (XLP), and retail (XRT) are positive. Bonds (BND) are bearish long-term; leveraged tech (TQQQ) shows a strong sell due to MFI overbought and Parabolic SAR reversals.
Highlights of Bullish and Bearish Signals
Bullish: Strong buys in DIA (25d), IJH (25d), KBE (20/25d), QQQ (15/20/30d), SPY (10d), XHS (20/30d), XLB (15d), XLP (25d), XRT (10d). Bearish: Sells in BND (25/30d), strong sell in TQQQ (25d).
Comparisons to Prior Data
Vs. January 27: Signals stable, minor XHB downgrade from strong BUY to buy at 25d, possibly APO softening. Over the week (from Jan 21): Consistent equity bullishness, fewer neutrals.
Confirming External Views on Strong Consensus Trends
DIA (Strong BUY at 25d)
- Spdr Dow Jones Industrial Average Etf ETF Price Forecast: Predicts 5.45% rise in 3 months, aligns with bullish signal.
- SPDR Dow Jones Industrial Average ETF Trust Forecast: Long-term increase supports strong buy.
IJH (Strong BUY at 25d)
- IJH Stock Price Forecast 2026-2050: Avg $68.82 in 2026, upside potential confirms mid-cap buy.
- iShares Core S&P Mid-Cap Forecast: Upward short-term movement agrees.
KBE (Strong BUY at 20/25d)
- Bank ETFs in Spotlight: KBE up 17% past year; 2026 favors banks.
- KBE Tiny ETF with Huge Potential: Buy ratings support bullish call.
QQQ (Strong BUY at 15/20/30d)
- INVESCO QQQ STOCK PREDICTION 2026-2030: End Jan at $642, bullish tech momentum.
- Invesco Qqq Trust Forecast: Avg $676 in 2026 confirms long-term buy.
SPY (Strong BUY at 10d)
- S&P 500 ETF PREDICTION 2026-2030: Feb avg up, max 765 agrees with market buy.
- SPY Stock Price Forecast: Avg $662.95 in 2026 bullish.
XHS (Strong BUY at 20/30d)
- Betting on a Boom: 3 Healthcare ETFs: Healthcare rebound in 2026 agrees with buy.
- Consumer Staples Exploding Higher: Sector strength supports (adjacent).
XLB (Strong BUY at 15d)
- XLB Stock Price Forecast: Avg $117.88 in 2026, upside agrees.
- Materials Select Sector SPDR Forecast: Long-term increase confirms.
XLP (Strong BUY at 25d)
- Bullish Case for Consumer Staples: Rallies presaged for XLP.
- XLP Forecast: Avg $87.91 in 2026 upside.
XRT (Strong BUY at 10d)
- XRT Stock Price Forecast: Avg $107.43 in 2026 bullish retail.
- SPDR S&P Retail Forecast: Positive agrees with buy.
TQQQ (Strong SELL at 25d)
- PROSHARES ULTRAPRO QQQ PREDICTION: Mixed Feb forecast, potential pullback.
- TQQQ in 2026: Inflation focus may lead to corrections in leveraged ETFs.
Consensus Signal Table
| ETF | 5 Days | 10 Days | 15 Days | 20 Days | 25 Days | 30 Days |
|---|---|---|---|---|---|---|
| BND | buy | sell | sell | |||
| DIA | buy | buy | buy | buy | BUY | |
| GLD | ||||||
| IJH | buy | BUY | ||||
| IWM | buy | buy | ||||
| JNK | buy | |||||
| KBE | BUY | BUY | buy | |||
| QQQ | BUY | BUY | BUY | |||
| SPY | BUY | buy | ||||
| TQQQ | SELL | |||||
| UPRO | buy | buy | ||||
| URTY | ||||||
| XBI | buy | buy | buy | |||
| XES | ||||||
| XHB | buy | buy | buy | buy | ||
| XHS | BUY | buy | BUY | |||
| XLB | BUY | sell | ||||
| XLE | ||||||
| XLF | ||||||
| XLI | ||||||
| XLK | ||||||
| XLP | BUY | buy | ||||
| XLRE | ||||||
| XLU | ||||||
| XLV | buy | buy | buy | |||
| XLY | ||||||
| XME | ||||||
| XOP | buy | buy | ||||
| XRT | BUY | buy | buy |
Posted by Joe McVerry (@usacoder) on X on January 28, 2026