| XLK latest price $139.9900 (-0.02%) ($139.3050 - $140.1500) on Mon. Jun. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.32% (three month average) |
| RSI | 68 |
| Latest Price | $139.9900(-0.02%) |
| 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 1.2% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off 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%) XLC(83%) IVW(81%) |
| Factors Impacting XLK price | XLK will decline at least -0.66% 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 | -0.66% (StdDev 1.32%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0.1% |
| | |
| |
|