| XLK latest price $97.0800 (-0.04%) ($96.8000 - $97.6400) on Tue. Jan. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.7% (three month average) |
RSI | 80 |
Latest Price | $97.0800(-0.04%) |
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 2.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(98%) IVW(90%) VT(90%) IWF(89%) QQQ(87%) |
Factors Impacting XLK price | XLK will decline at least -0.35% in a week (0% probabilities). VIXM(-67%) VXX(-31%) UUP(-15%) TLT(-13%) IGOV(-5%) |
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 | -0.35% (StdDev 0.7%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.3% |
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