StockCharts TVPublished 2026-09-23
“The S&P 500's Bearish Setup Just Failed. Now What?”
$XLKBullish
XLK shows strong recent performance and bullish technical patterns (inverted head and shoulders, cup with handle breakout).
I mean, consider the current situation of XLK stock , it is close to 112 or 115, and it first reached this level in mid-2025. Since then, the stock has experienced frustrating volatility.
We know that Alphabet and Meta are the two main influencers. Alphabet has performed exceptionally well , while Meta, until the last few days , has been the one hindering XLK's growth.