TECHNOLOGY SELECT SECT SPDR (XLK) Stock Technical Analysis
NYSEARCA:XLK - NYSE Arca - US81369Y8030 - ETF - Currency: USD
Taking everything into account, XLK scores 6 out of 10 in our technical rating. In the last year, XLK was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, XLK did better than 70% of all other stocks. We also observe that the gains produced by XLK over the past year are nicely spread over this period.
XLK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month XLK has a been trading in the 224.50 - 243.14 range, which is quite wide. It is currently trading near the high of this range.
XLK has an average volume of 4503370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XLK has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
201.87
244.61
We found 4 important support areas.
- A support zone ranging from 232.22 to 234.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 226.75 to 228.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @222.24 from a horizontal line in the daily time frame.
- Support @203.91 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 235.19 to 242.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.75
Mansfield-0.15
10 Day High243.14
10 Day Low232.04
20 Day High243.14
20 Day Low224.5
52 Week High243.14
52 Week Low190.75
Performance
1 Week-1.79%
2 Weeks0.02%
1 Month-2.87%
3 Month0.54%
6 Month4.87%
12 Month14.41%
2 Year72.04%
3 Year52.44%
5 Year165.78%
10 Year445.07%
15 Year982.85%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.5
RSI(14)48.04
LBB228.05
UBB244.61
234.87
-6.54 (-2.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.71%
1 Week-1.79%
2 Weeks0.02%
1 Month-2.87%
3 Month0.54%
6 Month4.87%
12 Month14.41%
2 Year72.04%
3 Year52.44%
5 Year165.78%
10 Year445.07%
15 Year982.85%
Volatility
ATR(14)3.67
ATR(20)%1.91%
ATR Inc43.53%
Range Today6.83
ADR(20)3.82
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.75
Mansfield-0.15
10 Day High243.14
10 Day Low232.04
20 Day High243.14
20 Day Low224.5
52 Week High243.14
52 Week Low190.75
CS1 End234.26
CR1 Start235.19
Volume & EV
DER(3)1.98%
DER(5)2.71%
Volume4.53M
Volume Incr-28.9%
Vol(5)3.12M
Vol(50)4.50M