| XLK latest price $97.9400 (-0.03%) ($97.0800 - $98.1450) on Mon. Jun. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 4.22% (three month average) |
| RSI | 58 |
| Latest Price | $97.9400(-0.03%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(88%) IVW(85%) IWF(83%) XLY(83%) |
| Factors Impacting XLK price | XLK will decline at least -2.11% in a week (0% probabilities).
VIXM(-63%) UUP(-34%) VXX(-26%) TBT(-5%) XLC(1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.11% (StdDev 4.22%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | 0.4% |
| | |
| |
|