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Archive - 9/4/2026 - Sign In to see current Signals. |
Technology Select Sector SPDR (XLK) Technical Analysis
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| Summary:
| | | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Technology Select Sector SPDR (XLK). During the week, the XLK climbed 1.59 points, or 0.86%, and closed at 187.28 on Friday, September 4, 2026. Weekly volume was -62% below average.
Long-term trend: [See XLK long-term trend chart] A long-term uptrend had started on April 7, 2025 at 86.23 and reached 198.73 on June 3, 2026. XLK gained -112.50 points, or -130.47%, in 60 weeks. The price is now at the 10.18% retracement level.
Medium-term trend: [See XLK medium-term trend chart] A medium-term uptrend had started on March 30, 2026 at 126.68 and reached 198.73 on June 3, 2026. XLK gained -72.05 points, or -56.88%, in 9 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 179.40 and resistance is at 189.83. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See XLK weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since July 24, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See XLK short-term trend chart] A short-term downtrend had started on August 17, 2026 at 191.75 and reached 178.82 on August 24, 2026. XLK lost 12.93 points, or 6.74%, in 7 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See XLK daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since August 20, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
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| Industry |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| High |
191.75 |
| High Date |
08/17/2026 |
| Low |
178.82 |
| Low Date |
08/24/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
166.46 |
| Low Date |
07/29/2026 |
| High |
191.75 |
| High Date |
08/17/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
189.83 |
| Support |
179.40 |
| Low |
126.68 |
| Low Date |
03/30/2026 |
| High |
198.73 |
| High Date |
06/03/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
86.23 |
| Low Date |
04/07/2025 |
| High |
198.73 |
| High Date |
06/03/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
56.49 |
| Low Date |
10/13/2022 |
| High |
198.73 |
| High Date |
06/03/2026 |
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