| XLK latest price $102.2400 (-0.69%) ($101.7500 - $104.3100) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.74% (three month average) |
| RSI | 63 |
| Latest Price | $102.2400(-0.69%) |
| 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 1.4% 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(88%) IVW(85%) IWF(83%) XLY(83%) |
| Factors Impacting XLK price | XLK will decline at least -1.37% in a week (0% probabilities).
VIXM(-63%) UUP(-34%) VXX(-26%) TBT(-5%) 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 | -1.37% (StdDev 2.74%) |
| Hourly BBV | -0.7 () |
| Intraday Trend | -1.9% |
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