| XLK latest price $166.2200 (1.56%) ($163.9900 - $166.6200) on Thu. Nov. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.95% (three month average) |
RSI | 89 |
Latest Price | $166.2200(1.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.7% a day on average for past five trading days. |
Weekly Trend | XLK advances 1.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability) VUG(97%) VT(90%) XLY(85%) XLC(83%) IVW(80%) |
Factors Impacting XLK price | XLK will decline at least -0.475% in a week (0% probabilities). VIXM(-65%) UUP(-35%) VXX(-20%) TBT(-6%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.475% (StdDev 0.95%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.2% |
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