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Archive - 8/22/2025 - 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 the negative week for the Technology Select Sector SPDR (XLK). During the week, the XLK dropped -3.28 points, or -1.23%, and closed at 262.42 on Friday, August 22, 2025. Weekly volume was 58% above average.
Long-term trend: [See XLK long-term trend chart] A long-term uptrend had started on October 13, 2022 at 112.97 and reached 270.05 on August 13, 2025. XLK gained -157.08 points, or -139.05%, in 147 weeks. Price is near the trend high.
Medium-term trend: [See XLK medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 172.50 and reached 270.05 on August 13, 2025. XLK gained -97.55 points, or -56.55%, in 18 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (324.53) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See XLK weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 9, 2025. This is an indication that the medium-term trend is up. 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 13, 2025 at 270.05 and reached 255.84 on August 20, 2025. XLK lost 14.21 points, or 5.26%, in 7 days. The price is now at the 46.31% retracement level.
Daily Technical Indicators: [See XLK daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since July 10, 2025. This is an indication that the short-term trend is down. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 4.54% on Friday. It is 55.48% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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