| XLK latest price $171.4400 (-1.08%) ($171.3000 - $174.0100) on Thu. Dec. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.16% (three month average) |
RSI | 52 |
Latest Price | $171.4400(-1.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.4% a day on average for past five trading days. |
Weekly Trend | XLK advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability) VUG(97%) VT(91%) XLY(86%) XLC(84%) IVW(80%) |
Factors Impacting XLK price | XLK will decline at least -0.58% in a week (0% probabilities). VIXM(-66%) 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 | -0.58% (StdDev 1.16%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.8% |
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