| XLK latest price $134.9000 (3.22%) ($132.0700 - $134.9800) on Mon. Mar. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.23% (three month average) |
| RSI | 45 |
| Latest Price | $134.9000(3.22%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLK declines -1.8% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally 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 -0.615% 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 | -0.615% (StdDev 1.23%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 1.5% |
| | |
| |
|