| XLK latest price $121.5800 (0.35%) ($119.2100 - $121.9700) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 53 |
Latest Price | $121.5800(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 1.9% a day on average for past five trading days. |
Weekly Trend | XLK declines -0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability) VUG(97%) VT(89%) XLY(84%) IVW(83%) XLC(82%) |
Factors Impacting XLK price | XLK will decline at least -0.925% in a week (0% probabilities). VIXM(-64%) UUP(-34%) VXX(-24%) TBT(-8%) EDOC(-7%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 1 () |
Intraday Trend | 0.6% |
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