| XLK latest price $116.4700 (0.99%) ($115.6850 - $117.3000) on Tue. Sep. 15, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.65% (three month average) |
| RSI | 47 |
| Latest Price | $116.4700(0.99%) |
| 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 declines -3% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(84%) XLY(83%) IWF(82%) |
| Factors Impacting XLK price | XLK will decline at least -0.825% in a week (0% probabilities).
VIXM(-63%) UUP(-34%) VXX(-24%) TBT(-6%) IGOV(-6%) |
| 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 | -0.825% (StdDev 1.65%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | -0.5% |
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