| XLK latest price $117.7600 (1.83%) ($116.7550 - $117.9800) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 58 |
Latest Price | $117.7600(1.83%) |
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 1.8% 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(89%) IVW(84%) XLY(84%) IWF(82%) |
Factors Impacting XLK price | XLK will decline at least -0.865% in a week (0% probabilities). VIXM(-64%) UUP(-34%) VXX(-25%) TBT(-7%) IGOV(-6%) |
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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.8% |
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