| XLK latest price $87.8300 (-1.6%) ($87.7100 - $89.2200) on Mon. Apr. 20, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.26% (three month average) |
| RSI | 61 |
| Latest Price | $87.8300(-1.6%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.6% a day on average for past five trading days. |
| Weekly Trend | XLK advances 5.7% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(88%) IVW(86%) IWF(84%) QQQ(83%) |
| Factors Impacting XLK price | XLK will decline at least -2.13% in a week (0% probabilities).
VIXM(-64%) UUP(-34%) 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 | -2.13% (StdDev 4.26%) |
| Hourly BBV | -0.5 () |
| Intraday Trend | -0.2% |
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