| XLK latest price $127.6900 (0.68%) ($126.5800 - $128.1400) on Wed. Dec. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 75 |
Latest Price | $127.6900(0.68%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.5% a day on average for past five trading days. |
Weekly Trend | XLK advances 0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -0.75% in a week (0% probabilities). VIXM(-64%) UUP(-34%) VXX(-24%) TBT(-7%) IGOV(-4%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.5% |
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