| XLK latest price $118.9600 (0.86%) ($117.9700 - $119.6800) on Mon. Aug. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 68 |
Latest Price | $118.9600(0.86%) |
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 advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(84%) IWF(83%) XLY(83%) |
Factors Impacting XLK price | XLK will decline at least -0.72% in a week (0% probabilities). VIXM(-62%) UUP(-34%) VXX(-24%) TBT(-7%) EDOC(-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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.6% |
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