| XLK latest price $120.1800 (1.53%) ($118.9000 - $120.2100) on Fri. Oct. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 65 |
Latest Price | $120.1800(1.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.9% a day on average for past five trading days. |
Weekly Trend | XLK advances 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 | 1.5 () |
Intraday Trend | 1.1% |
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