| XLK latest price $103.8800 (1.6%) ($101.9300 - $103.9700) on Mon. Jun. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 63 |
Latest Price | $103.8800(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.7% a day on average for past five trading days. |
Weekly Trend | XLK advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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(83%) XLY(83%) |
Factors Impacting XLK price | XLK will decline at least -1.335% in a week (0% probabilities). VIXM(-62%) UUP(-34%) VXX(-25%) TBT(-5%) IYT(-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 | -1.335% (StdDev 2.67%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.8% |
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