XITK SPDR® FactSet Innovative Technology ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index... Show more
XITK in downward trend: price expected to drop as it breaks its higher Bollinger Band on June 06, 2025
XITK broke above its upper Bollinger Band on June 06, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 32 similar instances where the stock broke above the upper band. In of the 32 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for XITK moved out of overbought territory on June 10, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Moving Average Convergence Divergence Histogram (MACD) for XITK turned negative on May 28, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 26, 2025. You may want to consider a long position or call options on XITK as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 50-day moving average for XITK moved above the 200-day moving average on June 17, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XITK advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 274 cases where XITK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category Technology
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JSEAX | 21.88 | 0.23 | +1.06% |
| JPMorgan International Equity A | |||
| LAFGX | 16.24 | 0.15 | +0.93% |
| Lord Abbett International Growth F | |||
| JIESX | 17.81 | 0.15 | +0.85% |
| JPMorgan Developed International Value I | |||
| ASCRX | 14.92 | 0.10 | +0.67% |
| American Century Small Company R | |||
| HSMNX | 36.94 | 0.14 | +0.38% |
| Horizon Multi-Factor Small/Mid Cap Inv | |||
XITK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, XITK has been closely correlated with FTEC. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if XITK jumps, then FTEC could also see price increases.
| Ticker / NAME | Correlation To XITK | 1D Price Change % | ||
|---|---|---|---|---|
| XITK | 100% | +0.17% | ||
| FTEC - XITK | 90% Closely correlated | -0.03% | ||
| CHAT - XITK | 36% Loosely correlated | -0.66% | ||
| CIBR - XITK | 31% Poorly correlated | -0.51% | ||
| SOXX - XITK | 12% Poorly correlated | -0.09% | ||
| SMH - XITK | 9% Poorly correlated | +0.44% | ||
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