| XLK latest price $138.1400 (-0.32%) ($137.7800 - $139.2400) on Tue. Feb. 16, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.03% (three month average) |
| RSI | 60 |
| Latest Price | $138.1400(-0.32%) |
| 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 2.2% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(90%) XLY(84%) IVW(82%) XLC(82%) |
| Factors Impacting XLK price | XLK will decline at least -0.515% in a week (0% probabilities).
VIXM(-65%) UUP(-35%) VXX(-23%) TBT(-7%) IGOV(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.515% (StdDev 1.03%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | -0.7% |
| | |
| |
|