| XLK latest price $107.1100 (1.75%) ($106.5700 - $107.6100) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 70 |
Latest Price | $107.1100(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 1.1% a day on average for past five trading days. |
Weekly Trend | XLK advances 1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -0.895% in a week (0% probabilities). VIXM(-62%) UUP(-34%) VXX(-25%) TBT(-6%) IYT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.895% (StdDev 1.79%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.5% |
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