| XLK latest price $73.1100 (0.54%) ($72.5200 - $73.1500) on Mon. Aug. 6, 2018. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.83% (three month average) |
| RSI | 50 |
| Latest Price | $73.1100(0.54%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLK declines -0.4% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(98%) IVW(91%) IWF(90%) VT(90%) QQQ(88%) |
| Factors Impacting XLK price | XLK will decline at least -0.415% in a week (0% probabilities).
VXX(-27%) UUP(-17%) TLT(-16%) VIXM(-15%) XHB(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.415% (StdDev 0.83%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.6% |
| | |
| |
|