TECHNOLOGY SELECT SECT SPDR (XLK) Stock Technical Analysis
NYSEARCA:XLK - NYSE Arca - US81369Y8030 - ETF - Currency: USD
Overall XLK gets a technical rating of 1 out of 10. XLK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month XLK has a been trading in the 172.45 - 211.26 range, which is quite wide. It is currently trading near the high of this range.
XLK has an average volume of 6324850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, XLK turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
XLK is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, XLK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 208.48. Right above this resistance zone may be a good entry point.
More info and screens
177.92
243.54
2 important support areas can be observed.
- Support @191.96 from a trend line in the daily time frame.
- A support zone ranging from 179.72 to 184.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 208.48 to 212.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @218.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 237.42 to 241.13. This zone is formed by a combination of multiple trend lines 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
CRS44.66
Mansfield-0.37
10 Day High208.86
10 Day Low185.19
20 Day High211.26
20 Day Low172.45
52 Week High243.14
52 Week Low172.45
Performance
1 Week8.09%
2 Weeks7.25%
1 Month-1.44%
3 Month-12.88%
6 Month-9.48%
12 Month4.32%
2 Year38.22%
3 Year47.41%
5 Year128.06%
10 Year389.6%
15 Year791.28%
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)2.21
RSI(14)54.77
LBB179.91
UBB211.5
208.47
+3.04 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.48%
1 Week8.09%
2 Weeks7.25%
1 Month-1.44%
3 Month-12.88%
6 Month-9.48%
12 Month4.32%
2 Year38.22%
3 Year47.41%
5 Year128.06%
10 Year389.6%
15 Year791.28%
Volatility
ATR(14)10.13
ATR(20)%4.6%
ATR Inc-46.99%
Range Today4.24
ADR(20)7.94
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.66
Mansfield-0.37
10 Day High208.86
10 Day Low185.19
20 Day High211.26
20 Day Low172.45
52 Week High243.14
52 Week Low172.45
CS1 End191.96
CR1 Start208.48
Volume & EV
DER(3)-0.02%
DER(5)1.1%
Volume3.26M
Volume Incr-40.36%
Vol(5)4.75M
Vol(50)6.32M