| XLK latest price $159.3600 (0.4%) ($158.4900 - $159.7800) on Fri. Sep. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.74% (three month average) |
RSI | 61 |
Latest Price | $159.3600(0.4%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock 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 -0.37% in a week (0% probabilities). VIXM(-65%) UUP(-34%) VXX(-21%) TBT(-6%) 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 | -0.37% (StdDev 0.74%) |
Hourly BBV | 1 () |
Intraday Trend | 0.5% |
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