
Technical analysis of State Street Technology Select Sector SPDR ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
XLK is an ETF that tracks the performance of a technology sector index through a replication strategy. The fund invests at least 95% of its assets in the securities comprising the index, maintaining substantially the same proportions as the index.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 21, 2026, computed on the last 12 months of prices.
21 sessions
194.54 $
−3.08%
50 sessions
189.81 $
−0.67%
200 sessions
167.82 $
+12.35%
s2
180.86
Support
s1
183.15
Support
pivot
185.10
Pivot
r1
187.39
Resistance
r2
189.34
Resistance
In the October 21, 2026 session State Street Technology Select Sector SPDR ETF closed higher at 188.54 $, +1.67% versus the previous session.
The price sits mixed against its moving averages: −3.08% against the 21-session average, −0.67% against the 50 and +12.35% against the 200.
The 14-period RSI reads 44.5, in neutral territory.
MACD stands at -0.885 against a signal line at 0.849: the histogram is negative (−1.734).
ADX reads 23.4, indicating weak directionality.
Levels computed on the latest session place supports at 183.15 and 180.86 $ and resistances at 187.39 and 189.34 $, around a pivot of 185.10.
The average daily range (ATR) is 3.727 $, or 1.98% of price.
Turnover was 9.6M shares, 113% of the 20-session average.
Over the last twelve months the price ranged between 159.76 and 203.25 $, and today stands −7.24% 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 Technology Select Sector SPDR ETF analysed technically?
Technical analysis of State Street Technology 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 Technology 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 Technology Select Sector SPDR ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to State Street Technology 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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