| XLK latest price $125.9100 (1.91%) ($123.8800 - $126.0700) on Tue. Sep. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 98 |
Latest Price | $125.9100(1.91%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 1% a day on average for past five trading days. |
Weekly Trend | XLK advances 4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(84%) IWF(83%) XLY(83%) |
Factors Impacting XLK price | XLK will decline at least -0.725% in a week (0% probabilities). VIXM(-62%) UUP(-34%) VXX(-24%) TBT(-6%) 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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.1% |
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