| XLK latest price $154.4000 (-0.83%) ($153.4430 - $154.9900) on Tue. Aug. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.76% (three month average) |
RSI | 60 |
Latest Price | $154.4000(-0.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
Weekly Trend | XLK advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(97%) VT(90%) XLY(85%) XLC(83%) IVW(81%) |
Factors Impacting XLK price | XLK will decline at least -0.38% in a week (0% probabilities). VIXM(-65%) UUP(-34%) VXX(-21%) TBT(-6%) IGOV(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 | -0.38% (StdDev 0.76%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.2% |
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