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Stock Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

SPDR Select Sector Fund - Technology (PACF:XLK)

Strong Downtrend (-100) - XLK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XLK continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid XLK?

MarketClub looks at technical strength and momentum to determine if the timing is right for XLK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_XLK
Open High Low XLK Price Change
161.45 164.41 160.69 163.33 +1.11
Entry Signal

MarketClub’s Trade Triangles for XLK

long term down The long-term trend has been DOWN since Sep 26th, 2023 at 162.94

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 168.45

short term down The short-term trend has been DOWN since Sep 6th, 2023 at 175.02

Smart Scan Analysis for XLK

Based on our trend formula, XLK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for XLK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
161.45 164.41 160.69 163.33 +1.11
Prev. Close Volume Bid Ask Time
163.37 6117062 2023-09-28 15:59:54
Year High76.265Year High Date2018-10-03
Year Low60.971Year Low Date2018-02-09
52wk High181.4652wk High Date2023-07-19
52wk Low112.9752wk Low Date2022-10-13
Year End Close28.85Average Volume5,731,785
Shares Outstanding372,060Assets196,334,371M
Liabilities118,605,030MBeta0.88
Volatility33.14
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