| XLK latest price $80.3700 (-1.87%) ($79.9550 - $83.1800) on Tue. Mar. 31, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.04% (three month average) |
| RSI | 49 |
| Latest Price | $80.3700(-1.87%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.7% 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 sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(89%) IVW(87%) IWF(86%) QQQ(85%) |
| Factors Impacting XLK price | XLK will decline at least -2.02% in a week (0% probabilities).
VIXM(-63%) UUP(-33%) VXX(-27%) TLT(-0%) TBT(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 | -2.02% (StdDev 4.04%) |
| Hourly BBV | -0.3 () |
| Intraday Trend | -1.6% |
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