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Archive - 1/23/2026 - Sign In to see current Signals. |
Technology Select Sector SPDR (XLK) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    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.
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