| XLK latest price $95.7600 (2.45%) ($94.9800 - $96.3000) on Mon. May. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.36% (three month average) |
RSI | 69 |
Latest Price | $95.7600(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.1% 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 | 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(85%) IWF(84%) QQQ(83%) |
Factors Impacting XLK price | XLK will decline at least -2.18% in a week (0% probabilities). VIXM(-63%) UUP(-34%) VXX(-26%) TBT(-4%) XLC(2%) |
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 | -2.18% (StdDev 4.36%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.5% |
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