SPDR FACTSET INNOVATIVE TECH (XITK) Stock Technical Analysis
NYSEARCA:XITK - NYSE Arca - US78464A1108 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to XITK. In the last year, XITK was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: XITK has an average volume of 1910 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, XITK did better than 78% of all other stocks.
XITK 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 XITK is lagging the market slightly.
In the last month XITK has a been trading in a tight range between 181.79 and 191.87.
XITK has an average technical rating and the quality of the presented setup is also not ideal 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
139.42
197.51
5 important support areas can be observed.
- A support zone ranging from 181.78 to 183.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 176.13 to 177.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @152.59 from a trend line in the weekly time frame.
- Support @147.86 from a trend line in the weekly time frame.
- Support @140.83 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 185.24 to 187.20. 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 194.18 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 | NEUTRAL | NEUTRAL | The short term trend for XITK is neutral. |
| ChartMill Relative Strength | 78.88 | POSITIVE | XITK has a high relative strength, it outperformed 78.88% 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 | MIXED | The current price of XITK is below 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) | 44.73 | NEUTRAL | The RSI value for XITK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests XITK has a negative trend. |
| Stochastics (14,3) | 32.22 | NEUTRAL | The Stochastics value for XITK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for XITK suggests low volalility. |
| Average Directional Index/ADX (14) | 12.69 | NEGATIVE | The low ADX value for XITK 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 |
|---|---|---|---|
| 187.21 | 181.78 | 5.43 (2.90%) | 25.00% |
| An entry @187.21. This is a Buy Stop order right above the resistance zone. | An exit @181.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.43 points, which is 2.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- 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.
NYSEARCA:XITK (8/6/2025, 8:04:00 PM)
183.703
-0.96 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.52%
1 Week-2.97%
2 Weeks-3.1%
1 Month-4.29%
3 Month6.83%
6 Month-3.52%
12 Month31.66%
2 Year36.75%
3 Year63.7%
5 Year6.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.41
ATR(20)%1.32%
ATR Inc2.08%
Range Today1.72
ADR(20)1.75
ADR(20)%0.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.88
Mansfield-0.09
10 Day High191.87
10 Day Low181.79
20 Day High191.87
20 Day Low181.79
52 Week High196.6
52 Week Low138.01
CS1 End183.36
CR1 Start185.24
Volume & EV
DER(3)0%
DER(5)0%
Volume1.50K
Volume Incr13.56%
Vol(5)1.80K
Vol(50)1.91K