Technology Select Sector SPDR(XLK)
Auto-detected technical analysis for XLK · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
XLK is breaking down from a symmetrical triangle — a sign the recent run may be rolling over.
On this chart, setups like it have followed through about 62% of the time.
As long as price stays below $190.9, it's in play — a daily close back above there calls it off.
The move's natural target sits near $156.5.
XLK is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.
New to this pattern? What a bullish pennant is and how to trade it →
Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.
Every completed pattern trade our nightly backtest found on XLK's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | Mar 24, 2026 @ $135.35 | Mar 30, 2026 @ $127.21 | Win | +6.4% · +1.02R |
| Triangle | Mar 13, 2026 @ $136.73 | Apr 13, 2026 @ $145.61 | Loss | +9.3% · -1.34R |
| Triangle | Mar 6, 2026 @ $137.63 | Mar 27, 2026 @ $131.02 | Win | +5.6% · +1.16R |
| Triangle | Jan 27, 2026 @ $147.42 | Feb 4, 2026 @ $138.12 | Loss | +6.1% · -1.60R |
| Triangle | Jan 10, 2025 @ $115.71 | Jan 22, 2025 @ $120.69 | Loss | +4.7% · -1.03R |
| Rising Wedge | Dec 18, 2024 @ $119.05 | Jan 13, 2025 @ $112.38 | Win | +6.4% · +3.75R |
| Triangle | Sep 18, 2024 @ $110.47 | Apr 3, 2025 @ $97.61 | Loss | +20.3% · -1.43R |
| Rising Wedge | Mar 15, 2024 @ $102.89 | Apr 18, 2024 @ $99.35 | Win | +5.1% · +1.08R |
| Falling Wedge | Nov 3, 2023 @ $85.21 | Dec 4, 2023 @ $91.66 | Win | +9.0% · +1.18R |
| Rising Wedge | Nov 11, 2022 @ $65.55 | Apr 11, 2023 @ $73.80 | Win | +12.6% · +1.28R |
| Falling Wedge | May 6, 2022 @ $69.47 | Aug 12, 2022 @ $75.31 | Loss | +14.8% · -1.14R |
| Falling Wedge | Mar 17, 2022 @ $75.22 | Apr 26, 2022 @ $69.91 | Loss | +12.8% · -1.12R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price was turned away at a ceiling near $190.26 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $154.20 — still about 14% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $178.16 | $181.43 | $178.15 | $180.27 |
| Jul 21, 2026 | $179.56 | $181.02 | $178.17 | $180.78 |
| Jul 20, 2026 | $177.19 | $178.70 | $175.52 | $175.71 |
| Jul 17, 2026 | $172.85 | $177.92 | $171.34 | $175.59 |
| Jul 16, 2026 | $179.00 | $179.48 | $176.41 | $177.52 |
| Jul 15, 2026 | $185.11 | $185.29 | $178.22 | $181.58 |
| Jul 14, 2026 | $183.71 | $184.43 | $181.33 | $183.62 |
| Jul 13, 2026 | $183.10 | $183.90 | $180.54 | $181.28 |
| Jul 10, 2026 | $184.01 | $186.23 | $183.09 | $185.78 |
| Jul 9, 2026 | $184.76 | $186.40 | $183.56 | $185.35 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.