SPDR FACTSET INNOVATIVE TECH (XITK) Stock Technical Analysis
NYSEARCA:XITK - NYSE Arca - US78464A1108 - ETF - Currency: USD
Taking everything into account, XITK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XITK is showing a nice and steady performance.
Warning: XITK has an average volume of 2766 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that XITK is one of the better performing stocks in the market, outperforming 84% of all 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 the 175.36 - 186.40 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
XITK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
139.42
197.51
We found 4 important support areas.
- A support zone ranging from 181.59 to 184.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 174.59 to 177.60. 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.
We can see 3 important resistance areas.
- Resistance @185.63 from a trend line 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 | UP | POSITIVE | The short term trend for XITK is up. |
| ChartMill Relative Strength | 84.68 | POSITIVE | XITK has a high relative strength, it outperformed 84.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XITK is above the rising 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) | 64.5 | NEUTRAL | The RSI value for XITK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests XITK has a negative trend. |
| Stochastics (14,3) | 85.65 | OVERBOUGHT | The high Stochastics value suggests XITK may be overbought. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for XITK suggests low volalility. |
| Average Directional Index/ADX (14) | 25.81 | POSITIVE | The high ADX value value for XITK suggests a strong 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 |
|---|---|---|---|
| 185.64 | 181.58 | 4.06 (2.19%) | 25.00% |
| An entry @185.64. This is a Buy Stop order right above the resistance zone. | An exit @181.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.06 points, which is 2.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- 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 (6/11/2025, 8:28:07 PM)
184.072
-0.75 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.41%
1 Week0.24%
2 Weeks2.13%
1 Month1.5%
3 Month11.39%
6 Month1.21%
12 Month30%
2 Year39.4%
3 Year71.2%
5 Year26.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.08
ATR(20)%1.11%
ATR Inc-61.29%
Range Today0.27
ADR(20)1.49
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
CRS84.68
Mansfield0.62
10 Day High186.4
10 Day Low177.89
20 Day High186.4
20 Day Low175.36
52 Week High196.6
52 Week Low129.48
CS1 End184.06
CR1 Start185.63
Volume & EV
DER(3)0%
DER(5)-0.69%
Volume800
Volume Incr-35.33%
Vol(5)1.84K
Vol(50)2.77K