| XLK latest price $101.9200 (0.5%) ($100.3000 - $101.9600) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.06% (three month average) |
| RSI | 75 |
| Latest Price | $101.9200(0.5%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.1% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(88%) IVW(85%) IWF(83%) XLY(83%) |
| Factors Impacting XLK price | XLK will decline at least -2.03% in a week (0% probabilities).
VIXM(-63%) UUP(-34%) VXX(-26%) TBT(-5%) XLC(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 | -2.03% (StdDev 4.06%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0.7% |
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