SPDR S&P US TECH SELECT (SXLK.AS) Stock Technical Analysis
AMS:SXLK - IE00BWBXM948 - ETF
121.203 EUR
+1.62 (+1.36%)
We assign a technical rating of 6 out of 10 to SXLK. In the last year, SXLK was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: SXLK has an average volume of 4117 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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, SXLK did better than 78% of all other stocks.
SXLK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SXLK is lagging the market slightly.
In the last month SXLK has a been trading in a tight range between 117.47 and 123.61.
SXLK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 121.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 120.76, a Stop Loss order could be placed below this zone.
More info and screens
87.26
124.45
3 important support areas can be observed.
- A support zone ranging from 117.31 to 120.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.16 from a trend line in the weekly time frame.
- Support @88.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 121.79 to 123.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SXLK.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SXLK.AS is neutral. |
| ChartMill Relative Strength | 78.05 | POSITIVE | SXLK.AS has a high relative strength, it outperformed 78.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SXLK.AS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SXLK.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SXLK.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.61 | NEUTRAL | The RSI value for SXLK.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests SXLK.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.59 | NEUTRAL | The Stochastics value for SXLK.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for SXLK.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 14.53 | NEGATIVE | The low ADX value for SXLK.AS suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 123.23 | 117.97 | 5.26 (4.27%) | 23.41% |
| An entry @123.23. This is a Buy Stop order right above the resistance zone. | An exit @117.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.26 points, which is 4.27%. | For a 1.00% total portfolio risk, you can invest 23.41% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMS:SXLK (9/8/2025, 7:00:00 PM)
121.203
+1.62 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.36%
1 Week0.95%
2 Weeks0.34%
1 Month-1.64%
3 Month11.41%
6 Month18.79%
12 Month16.5%
2 Year48.52%
3 Year88.07%
5 Year136.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.67
ATR(20)%1.28%
ATR Inc40.55%
Range Today1.05
ADR(20)1.32
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.05
Mansfield-0.02
10 Day High122.31
10 Day Low117.98
20 Day High123.61
20 Day Low117.47
52 Week High125.5
52 Week Low80.09
CS1 End120.76
CR1 Start121.79
Volume & EV
DER(3)0%
DER(5)0%
Volume5.64K
Volume Incr9.65%
Vol(5)3.83K
Vol(50)4.12K