| XLK latest price $133.3400 (1.29%) ($131.6400 - $133.7800) on Thu. Jan. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.35% (three month average) |
| RSI | 57 |
| Latest Price | $133.3400(1.29%) |
| 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 0.6% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth 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 -0.675% in a week (0% probabilities).
VIXM(-64%) UUP(-34%) VXX(-24%) TBT(-7%) IGOV(-3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.675% (StdDev 1.35%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0.7% |
| | |
| |
|