| XLK latest price $88.0900 (1.22%) ($86.6500 - $88.3100) on Thu. Apr. 16, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.29% (three month average) |
| RSI | 58 |
| Latest Price | $88.0900(1.22%) |
| 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 4.5% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(87%) IVW(86%) IWF(84%) QQQ(83%) |
| Factors Impacting XLK price | XLK will decline at least -2.145% 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 | -2.145% (StdDev 4.29%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | -0.1% |
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