
Technical analysis of State Street Communication Services Select Sector SPDR ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
XLC is an ETF that tracks an index of companies in the communications sector, investing at least 95% of its assets in securities of companies identified as Communication Services by GICS classification. The index includes companies operating in diversified telecommunication services, wireless telecommunication services, media, entertainment, and interactive media & services.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
111.73 $
−1.26%
50 sessions
111.68 $
−1.22%
200 sessions
112.90 $
−2.28%
s2
109.36
Support
s1
110.90
Support
pivot
111.82
Pivot
r1
113.36
Resistance
r2
114.28
Resistance
In the October 16, 2026 session State Street Communication Services Select Sector SPDR ETF closed lower at 110.32 $, −1.89% versus the previous session.
The price sits below every moving average observed: −1.26% against the 21-session average, −1.22% against the 50 and −2.28% against the 200.
The 14-period RSI reads 45.9, in neutral territory.
MACD stands at -0.153 against a signal line at -0.087: the histogram is negative (−0.066).
ADX reads 6.9, indicating weak directionality.
Levels computed on the latest session place supports at 110.90 and 109.36 $ and resistances at 113.36 and 114.28 $, around a pivot of 111.82.
The average daily range (ATR) is 1.806 $, or 1.64% of price.
Turnover was 6.7M shares, 100% of the 20-session average.
Over the last twelve months the price ranged between 104.69 and 117.50 $, and today stands −6.11% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is State Street Communication Services Select Sector SPDR ETF analysed technically?
Technical analysis of State Street Communication Services Select Sector SPDR ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for State Street Communication Services Select Sector SPDR ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to State Street Communication Services Select Sector SPDR ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to State Street Communication Services Select Sector SPDR ETF it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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