| XLK latest price $83.7000 (8.53%) ($80.0000 - $84.2450) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 57 |
Latest Price | $83.7000(8.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.5% a day on average for past five trading days. |
Weekly Trend | XLK advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(88%) IVW(86%) IWF(85%) QQQ(84%) |
Factors Impacting XLK price | XLK will decline at least -2.1% in a week (0% probabilities). VIXM(-64%) UUP(-33%) VXX(-27%) TBT(-1%) IGOV(1%) |
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 | -2.1% (StdDev 4.2%) |
Hourly BBV | 1.9 () |
Intraday Trend | 4% |
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