TECHNOLOGY SELECT SECT SPDR (XLK) Stock Technical Analysis
NYSEARCA:XLK - NYSE Arca - US81369Y8030 - ETF - Currency: USD
Overall XLK gets a technical rating of 6 out of 10. XLK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
XLK 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 XLK is performing more or less in line with the market.
In the last month XLK has a been trading in the 199.67 - 235.77 range, which is quite wide. It is currently trading near the high of this range.
XLK has an average volume of 6157960 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 62% of all stocks.
XLK has an average technical rating and also the quality of the setup is only medium 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
182.28
244.61
We found 2 important support areas.
- A support zone ranging from 229.27 to 229.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 184.12 to 184.35. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 233.82 to 242.19. 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 | NEUTRAL | NEUTRAL | The long term trend for XLK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XLK is up. |
| ChartMill Relative Strength | 62.76 | NEUTRAL | XLK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XLK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XLK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XLK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.94 | NEUTRAL | The RSI value for XLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.28 | POSITIVE | The MACD value suggests XLK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.88 | OVERBOUGHT | The high Stochastics value suggests XLK may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for XLK suggests low volalility. |
| Average Directional Index/ADX (14) | 23.61 | NEUTRAL | The ADX value for XLK 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:XLK (5/22/2025, 9:48:10 AM)
229.4
+0.12 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week-2.07%
2 Weeks6.24%
1 Month15.77%
3 Month-2.38%
6 Month-1.85%
12 Month6.55%
2 Year39.57%
3 Year63.25%
5 Year134.03%
10 Year428.66%
15 Year959.52%
Volatility
ATR(14)4.2
ATR(20)%1.99%
ATR Inc-0.37%
Range Today1.21
ADR(20)3.8
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.76
Mansfield0.03
10 Day High235.77
10 Day Low216.01
20 Day High235.77
20 Day Low199.67
52 Week High243.14
52 Week Low172.45
CS1 End229.27
CR1 Start233.82
Volume & EV
DER(3)2.58%
DER(5)1.99%
Volume446.99K
Volume Incr24.17%
Vol(5)5.84M
Vol(50)6.16M