Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Technology Select Sector SPDR Fund (GIF:XLK)
Weak Downtrend (-65) - XLK is showing signs of a strengthening downtrend. Monitor XLK as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for XLK
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for XLK
Based on our trend formula, XLK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).