| XLK latest price $101.0400 (1.35%) ($99.0900 - $101.0600) on Mon. Feb. 10, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.91% (three month average) |
| RSI | 61 |
| Latest Price | $101.0400(1.35%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.9% a day on average for past five trading days. |
| Weekly Trend | XLK advances 1.7% a week on average for past two weeks. |
| Market Behavior | Broad based 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(98%) IVW(90%) VT(90%) IWF(89%) QQQ(87%) |
| Factors Impacting XLK price | XLK will decline at least -0.455% in a week (0% probabilities).
VIXM(-66%) VXX(-31%) UUP(-15%) TLT(-13%) SHY(0%) |
| 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 | -0.455% (StdDev 0.91%) |
| Hourly BBV | 2.2 () |
| Intraday Trend | 1.9% |
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