| XLK latest price $108.4600 (-1%) ($108.0600 - $110.3800) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 64 |
Latest Price | $108.4600(-1%) |
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 1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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 -0.805% in a week (0% probabilities). VIXM(-62%) UUP(-34%) VXX(-25%) TBT(-6%) XLC(-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 | -0.805% (StdDev 1.61%) |
Hourly BBV | -1.4 () |
Intraday Trend | -1.7% |
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