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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
SPDR Select Sector Fund - Technology (PACF:XLK)
Sidelines Mode (+55) - XLK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for XLK
The long-term trend has been DOWN since Aug 5th, 2024 at 194.2350
The intermediate-term trend has been UP since Sep 19th, 2024 at 224.6025
The short-term trend has been DOWN since Oct 15th, 2024 at 228.2900
Smart Scan Analysis for XLK
Based on our trend formula, XLK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 230.68 | 232.54 | 230.10 | 232.00 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 231.99 | 2358119 | 2024-10-22 15:57:56 |
| Year High | 76.265 | Year High Date | 2018-10-03 |
| Year Low | 60.971 | Year Low Date | 2018-02-09 |
| 52wk High | 238.14 | 52wk High Date | 2024-07-11 |
| 52wk Low | 159.5 | 52wk Low Date | 2023-10-26 |
| Year End Close | 28.85 | Average Volume | 3,541,007 |
| Shares Outstanding | 372,060 | Assets | 196,334,371M |
| Liabilities | 118,605,030M | Beta | 0.88 |
| Volatility | 33.14 |