The Greedy Trader Weekly Analysis
Sign In Jan 30, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 1/23/2026 -
Sign In to see current Signals.

Technology Select Sector SPDR (XLK) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineBroken trend support line
Daily :A Parabolic SAR indicator is below and near the priceThe price is close to the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close togetherPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Technology Select Sector SPDR (XLK). During the week, the XLK gave back -0.53 points, or -0.36%, and closed at 145.09 on Friday, January 23, 2026. Weekly volume was 35% above average.

Long-term trend: [See XLK long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 86.23 and reached 153.00 on October 29, 2025. XLK gained -66.77 points, or -77.43%, in 29 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (146.31) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See XLK medium-term trend chart]
A medium-term uptrend had started on November 21, 2025 at 133.74 and reached 149.22 on December 10, 2025. XLK gained -15.48 points, or -11.57%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (147.20) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See XLK weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since November 14, 2025. Use the following link to access a MACD help.

Short-term trend: [See XLK short-term trend chart]
A short-term downtrend had started on January 15, 2026 at 147.57 and reached 141.61 on January 20, 2026. XLK lost 5.96 points, or 4.04%, in 5 days. The price is now at the 58.39% retracement level.

Daily Technical Indicators: [See XLK daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since January 14, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

A Parabolic SAR (stop and reversal) indicator (146.21) comes close to the price (145.09). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (3.36%) is close to one year low (3.38%). It is 65.93% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.28
Williams' Percentage Range (W%R) 51.00
Lane's Stochastic (%D-Slow) 41.63
Greed/Fear Indicator (GFI) 47.63
Moving Average Converg./Diverg. (MACD) 0.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.04
Williams' Percentage Range (W%R) 34.10
Lane's Stochastic (%D-Slow) 64.47
Greed/Fear Indicator (GFI) 59.25
Moving Average Converg./Diverg. (MACD) 5.73
Trading Signals
Description Value Chart
Upper Bollinger Band 147.33
Monthly Trendline Resistance 147.23
Monthly Trendline Support 147.20
Quarterly Trendline Resistance 146.76
Quarterly Trendline Support 146.31
Parabolic System 146.21
20 Day Moving Average 145.26
Weekly Stochastic Crossing 145.22
Price 145.09
50 Day Moving Average 144.16
Daily Stochastic Crossing 143.90
Lower Bollinger Band 142.45
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 141.61
Low Date 01/20/2026
High 145.83
High Date 01/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 147.57
High Date 01/15/2026
Low 141.61
Low Date 01/20/2026
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 147.23
Support 147.20
Low 133.74
Low Date 11/21/2025
High 149.22
High Date 12/10/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 146.76
Support 146.31
Low 86.23
Low Date 04/07/2025
High 153.00
High Date 10/29/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 56.49
Low Date 10/13/2022
High 153.00
High Date 10/29/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.