| XLK latest price $107.0600 (1.15%) ($103.8800 - $107.2100) on Tue. Jul. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 56 |
Latest Price | $107.0600(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
Weekly Trend | XLK advances 2.1% 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(97%) VT(88%) IVW(85%) IWF(83%) XLY(83%) |
Factors Impacting XLK price | XLK will decline at least -0.86% 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 | -0.86% (StdDev 1.72%) |
Hourly BBV | -0.6 () |
Intraday Trend | 2% |
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