Stock Trend Analysis Report
Prepared for you on Monday, September 28, 2020.
SPDR Select Sector Fund - Tech (PACF:XLK)
Crossroads (-60) - XLK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Jun 2nd, 2020 at 98.52
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 113.05
The short-term trend has been DOWN since Sep 3rd, 2020 at 122.88
Smart Scan Analysis for XLK
Based on our trend formula, XLK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||76.265||Year High Date||2018-10-03|
|Year Low||60.971||Year Low Date||2018-02-09|
|52wk High||127.72||52wk High Date||2020-09-02|
|52wk Low||68.1||52wk Low Date||2020-03-23|
|Year End Close||28.85||Average Volume||13,315,288|