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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.
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MarketClub’s Trade Triangles for XLK
The long-term trend has been DOWN since Sep 26th, 2023 at 162.94
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 168.45
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).
| 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 High | 76.265 | Year High Date | 2018-10-03 |
| Year Low | 60.971 | Year Low Date | 2018-02-09 |
| 52wk High | 181.46 | 52wk High Date | 2023-07-19 |
| 52wk Low | 112.97 | 52wk Low Date | 2022-10-13 |
| Year End Close | 28.85 | Average Volume | 5,731,785 |
| Shares Outstanding | 372,060 | Assets | 196,334,371M |
| Liabilities | 118,605,030M | Beta | 0.88 |
| Volatility | 33.14 |