| XLK latest price $173.3100 (0.46%) ($171.3900 - $173.4300) on Wed. Dec. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 58 |
Latest Price | $173.3100(0.46%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.8% a day on average for past five trading days. |
Weekly Trend | XLK declines -0.1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(90%) XLY(86%) XLC(84%) IVW(80%) |
Factors Impacting XLK price | XLK will decline at least -0.575% in a week (0% probabilities). VIXM(-66%) UUP(-35%) VXX(-20%) 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 | -0.575% (StdDev 1.15%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.4% |
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