| XLK latest price $88.9700 (4.19%) ($86.9400 - $89.1300) on Tue. Apr. 14, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.28% (three month average) |
| RSI | 66 |
| Latest Price | $88.9700(4.19%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1.3% a day on average for past five trading days. |
| Weekly Trend | XLK advances 4% 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(97%) VT(88%) IVW(86%) IWF(85%) XLY(84%) |
| Factors Impacting XLK price | XLK will decline at least -2.14% in a week (0% probabilities).
VIXM(-64%) UUP(-33%) VXX(-27%) TBT(-2%) 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 | -2.14% (StdDev 4.28%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 1.9% |
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