SPDR FACTSET INNOVATIVE TECH (XITK) Stock Technical Analysis
NYSEARCA:XITK - NYSE Arca - US78464A1108 - ETF - Currency: USD
Taking everything into account, XITK scores 8 out of 10 in our technical rating. XITK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: XITK has an average volume of 2475 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that XITK is one of the better performing stocks in the market, outperforming 83% of all stocks.
XITK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so XITK is performing more or less in line with the market.
In the last month XITK has a been trading in the 175.36 - 186.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although XITK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
139.42
197.51
We found 3 important support areas.
- A support zone ranging from 173.75 to 178.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @149.01 from a trend line in the weekly time frame.
- A support zone ranging from 140.83 to 141.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 181.52 to 185.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 190.48 to 190.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 194.19 to 195.55. 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 XITK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XITK is up. |
| ChartMill Relative Strength | 83.27 | POSITIVE | XITK has a high relative strength, it outperformed 83.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XITK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XITK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XITK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.96 | NEUTRAL | The RSI value for XITK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests XITK has a negative trend. |
| Stochastics (14,3) | 50.1 | NEUTRAL | The Stochastics value for XITK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for XITK suggests low volalility. |
| Average Directional Index/ADX (14) | 23.79 | NEUTRAL | The ADX value for XITK suggests a possible start of a new 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)
NYSEARCA:XITK (6/13/2025, 8:04:00 PM)
178.186
-4.67 (-2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.55%
1 Week-4.2%
2 Weeks-0.78%
1 Month-1.41%
3 Month7.83%
6 Month-2.03%
12 Month25.84%
2 Year34.95%
3 Year65.73%
5 Year22.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.11
ATR(20)%1.2%
ATR Inc41.37%
Range Today1.94
ADR(20)1.44
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.27
Mansfield0.36
10 Day High186.4
10 Day Low178.19
20 Day High186.4
20 Day Low175.36
52 Week High196.6
52 Week Low129.48
CS1 End178.18
CR1 Start181.52
Volume & EV
DER(3)0%
DER(5)0%
Volume704
Volume Incr-63.2%
Vol(5)1.12K
Vol(50)2.48K