Technology Select Sector Etf Technical Analysis
| XLK Etf | USD 145.26 1.38 0.96% |
As of the 2nd of February, Technology Select has the Variance of 1.61, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,662). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Technology Select Sector, as well as the relationship between them.
Technology Select Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Technology, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TechnologyTechnology | Build AI portfolio with Technology Etf |
The market value of Technology Select Sector is measured differently than its book value, which is the value of Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Technology Select's value that differs from its market value or its book value, called intrinsic value, which is Technology Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Technology Select's market value can be influenced by many factors that don't directly affect Technology Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Technology Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Technology Select's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Technology Select 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Technology Select's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Technology Select.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Technology Select on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Technology Select Sector or generate 0.0% return on investment in Technology Select over 90 days. Technology Select is related to or competes with Vanguard High, Vanguard High, Vanguard Extended, IShares Core, IShares Core, Vanguard FTSE, and Vanguard Ftse. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typ... More
Technology Select Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Technology Select's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Technology Select Sector upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 1.54 |
Technology Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Technology Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Technology Select's standard deviation. In reality, there are many statistical measures that can use Technology Select historical prices to predict the future Technology Select's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.06) |
Technology Select February 2, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 0.9829 | |||
| Coefficient Of Variation | (2,662) | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 1.54 | |||
| Skewness | (0.61) | |||
| Kurtosis | 0.0776 |
Technology Select Sector Backtested Returns
Technology Select Sector owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the etf had a close to zero % return per unit of risk over the last 3 months. Technology Select Sector exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Technology Select's Variance of 1.61, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,662) to confirm the risk estimate we provide. The entity has a beta of 0.94, which indicates possible diversification benefits within a given portfolio. Technology Select returns are very sensitive to returns on the market. As the market goes up or down, Technology Select is expected to follow.
Auto-correlation | 0.17 |
Very weak predictability
Technology Select Sector has very weak predictability. Overlapping area represents the amount of predictability between Technology Select time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Technology Select Sector price movement. The serial correlation of 0.17 indicates that over 17.0% of current Technology Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 1.93 |
Technology Select technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Technology Select Sector Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Technology Select Sector volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Technology Select Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Technology Select Sector on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Technology Select Sector based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Technology Select Sector price pattern first instead of the macroeconomic environment surrounding Technology Select Sector. By analyzing Technology Select's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Technology Select's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Technology Select specific price patterns or momentum indicators. Please read more on our technical analysis page.
Technology Select February 2, 2026 Technical Indicators
Most technical analysis of Technology help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Technology from various momentum indicators to cycle indicators. When you analyze Technology charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 0.9829 | |||
| Coefficient Of Variation | (2,662) | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 1.54 | |||
| Skewness | (0.61) | |||
| Kurtosis | 0.0776 |
Technology Select Sector One Year Return
Based on the recorded statements, Technology Select Sector has an One Year Return of 20.7%. This is 166.75% higher than that of the SPDR State Street Global Advisors family and 6.45% higher than that of the Technology category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Technology Select February 2, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Technology stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 308,015 | ||
| Daily Balance Of Power | 0.50 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 144.77 | ||
| Day Typical Price | 144.93 | ||
| Price Action Indicator | 1.18 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Technology Select Sector. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Technology Select Sector is measured differently than its book value, which is the value of Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Technology Select's value that differs from its market value or its book value, called intrinsic value, which is Technology Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Technology Select's market value can be influenced by many factors that don't directly affect Technology Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Technology Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Technology Select's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.