| XLK latest price $115.0700 (0.38%) ($114.1000 - $115.3800) on Tue. Aug. 18, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.47% (three month average) |
| RSI | 76 |
| Latest Price | $115.0700(0.38%) |
| 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 1.7% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(84%) IWF(83%) XLY(83%) |
| Factors Impacting XLK price | XLK will decline at least -0.735% in a week (0% probabilities).
VIXM(-62%) UUP(-34%) VXX(-24%) TBT(-7%) XLC(-3%) |
| 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 | -0.735% (StdDev 1.47%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0.2% |
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