| XLK latest price $138.4000 (0.36%) ($138.3300 - $139.2000) on Fri. May. 28, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 57 |
Latest Price | $138.4000(0.36%) |
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 advances 1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability) VUG(97%) VT(90%) XLY(84%) XLC(83%) IVW(81%) |
Factors Impacting XLK price | XLK will decline at least -0.725% in a week (0% probabilities). VIXM(-65%) UUP(-34%) VXX(-22%) TBT(-5%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.2% |
| |
|
|