XLK The Technology Select Sector SPDR® ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Technology Select Sector Index... Show more
XLK's RSI Oscillator ascends from oversold territory
The RSI Indicator for XLK moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 22 similar instances when the indicator left oversold territory. In of the 22 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on XLK as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for XLK just turned positive on April 14, 2025. Looking at past instances where XLK's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XLK advanced for three days, in of 358 cases, the price rose further within the following month. The odds of a continued upward trend are .
XLK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 50-day moving average for XLK moved below the 200-day moving average on March 31, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XLK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for XLK entered a downward trend on April 11, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Technology
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| GLRY | 29.21 | 0.61 | +2.13% |
| Inspire Momentum ETF | |||
| DSI | 100.14 | 2.05 | +2.09% |
| iShares ESG MSCI KLD 400 ETF | |||
| SMDV | 63.34 | 0.57 | +0.91% |
| ProShares Russell 2000 Dividend Growers | |||
| NHS | 7.49 | 0.04 | +0.54% |
| Neuberger Berman High Yield Strategies Fund | |||
| RBLD | 61.23 | N/A | N/A |
| First Trust Alerian US NextGen InfrasETF | |||
XLK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, XLK has been closely correlated with FTEC. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if XLK jumps, then FTEC could also see price increases.
| Ticker / NAME | Correlation To XLK | 1D Price Change % | ||
|---|---|---|---|---|
| XLK | 100% | +3.73% | ||
| FTEC - XLK | 99% Closely correlated | +3.68% | ||
| IXN - XLK | 99% Closely correlated | +3.31% | ||
| VGT - XLK | 99% Closely correlated | +3.76% | ||
| IYW - XLK | 98% Closely correlated | +3.83% | ||
| XPND - XLK | 97% Closely correlated | +2.75% | ||
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