Technology Select Sector SPDR(XLK)

Technology Select Sector SPDR (XLK) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for XLK · data as of Aug 14, 2026. The chart above is live; the read below updates daily.

$190.01last close · Aug 14, 202652-week range $126.68 – $198.73 · 4.39% below the high
Bullish Pennant · playing out now

XLK just broke higher out of a bullish pennant — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

As long as price stays above $166.5, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $208.4 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

XLK Bullish Pennant Pattern

XLK is currently forming a bullish pennant on the daily timeframe. Detected Aug 14, 2026.

DirectionBullishTarget$208.42Projected move+16.0%Breakout level$181.03

New to this pattern? What a bullish pennant is and how to trade it →

How Bullish Pennants Have Performed

Win rate
57.6%
Avg return
+0.98R
Backtested trades
2,746

Historical pattern statistics (2006-08-15 – 2026-08-14), not a prediction.

How these backtests work →

XLK Pattern Trade History

Every completed pattern trade our nightly backtest found on XLK's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMar 26, 2026 @ $134.59Apr 13, 2026 @ $145.61Loss-1.26R
TriangleMar 13, 2026 @ $136.73Apr 13, 2026 @ $145.61Loss-1.34R
TriangleMar 6, 2026 @ $137.63Mar 27, 2026 @ $130.63Win+1.23R
TriangleJan 27, 2026 @ $147.42Feb 4, 2026 @ $138.12Loss-1.60R
Rising WedgeOct 3, 2025 @ $143.92Nov 4, 2025 @ $146.97Win+0.45R
Rising WedgeFeb 26, 2025 @ $115.10Mar 4, 2025 @ $107.47Win+1.18R
TriangleJan 13, 2025 @ $112.55Jan 22, 2025 @ $120.69Loss-1.02R
Rising WedgeDec 18, 2024 @ $118.53Jan 13, 2025 @ $112.38Win+2.68R
Rising WedgeMar 18, 2024 @ $103.55Apr 18, 2024 @ $99.35Win+1.60R
Falling WedgeNov 6, 2023 @ $86.00Dec 4, 2023 @ $91.66Win+0.91R
Rising WedgeDec 15, 2022 @ $65.32Feb 2, 2023 @ $71.48Loss-1.42R
Rising WedgeNov 14, 2022 @ $66.05Apr 11, 2023 @ $73.80Win+1.12R

Recent Bullish Pennants on Other Charts

SWKhit target +11.1%Aug 14, 2026JCIhit target +9.8%Aug 13, 2026DECKstopped −16.6%Aug 12, 2026EBAYstopped −6.1%Aug 12, 2026

Learn about bullish pennant

XLK Support and Resistance Levels

Price is being turned away at a ceiling near $194.60 and starting to slide. On the weekly chart, the next floor below sits near $162.71 — about 14% away.

  • Traders commonly watch $162.71 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $194.60 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $163.05, resistance near $190.64. These are chart/swing-derived levels, not formula pivots.

Resistance
$190.64$191.10$192.46$195.49$199.29$218.77$339.98
Support
$163.05$155.07$152.89$151.48$129.86

XLK Recent Daily Prices

DateOpenHighLowClose
Aug 14, 2026$191.14$191.35$189.25$190.01
Aug 13, 2026$189.13$191.74$188.86$190.77
Aug 12, 2026$189.47$189.59$188.33$188.86
Aug 11, 2026$187.69$187.71$185.07$186.09
Aug 10, 2026$188.08$188.84$186.27$186.32
Aug 7, 2026$187.99$188.73$185.74$187.97
Aug 6, 2026$183.19$186.91$182.06$185.33
Aug 5, 2026$187.34$188.62$185.71$185.91
Aug 4, 2026$182.52$187.71$181.87$186.90
Aug 3, 2026$174.01$178.92$173.04$178.04

XLK Frequently Asked Questions

What chart pattern is XLK forming right now?
As of Aug 14, 2026, TradingPal's detector identifies a bullish pennant on Technology Select Sector SPDR (XLK) on the daily chart, with a measured-move target of $208.42.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on XLK is a bullish pattern, projecting a measured-move target of $208.42. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,746 trades over 631 symbols), it resolved in the expected direction 57.6% of the time with an average of +0.98R. These are historical statistics, not a prediction.
What are the support and resistance levels for XLK?
Based on auto-detected, swing-derived levels (as of Aug 14, 2026), XLK's nearest support is around $163.05 and nearest resistance around $190.64.
What is the price target if XLK's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $208.42 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XLK's closing price on Aug 14, 2026?
Technology Select Sector SPDR (XLK) last closed at $190.01 on Aug 14, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.