| XLK latest price $191.8500 (0.08%) ($190.4300 - $192.2800) on Mon. Dec. 18, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.99% (three month average) |
| RSI | 71 |
| Latest Price | $191.8500(0.08%) |
| 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 1.8% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
IWF(90%) VUG(86%) XLP(85%) XAR(84%) EWJ(83%) |
| Factors Impacting XLK price | XLK will decline at least -0.495% in a week (0% probabilities).
XLE(-20%) TIP(-18%) UUP(-13%) ACES(-7%) BND(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.495% (StdDev 0.99%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | 0.3% |
| | |
| |
|