| XLK latest price $93.3900 (1.88%) ($92.3200 - $93.3900) on Thu. Jan. 2, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.79% (three month average) |
| RSI | 90 |
| Latest Price | $93.3900(1.88%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.5% 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 | Broad based rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(98%) IVW(90%) VT(90%) IWF(89%) QQQ(87%) |
| Factors Impacting XLK price | XLK will decline at least -0.395% in a week (0% probabilities).
VIXM(-67%) VXX(-32%) UUP(-15%) TLT(-13%) 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 | -0.395% (StdDev 0.79%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 1% |
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