| XLK latest price $113.9400 (2.39%) ($110.6400 - $114.2800) on Fri. Sep. 25, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.7% (three month average) |
| RSI | 43 |
| Latest Price | $113.9400(2.39%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLK declines -1% a week on average for past two weeks. |
| Market Behavior | Broad based 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(84%) XLY(84%) IWF(82%) |
| Factors Impacting XLK price | XLK will decline at least -0.85% in a week (0% probabilities).
VIXM(-64%) UUP(-34%) VXX(-25%) TBT(-7%) 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 | -0.85% (StdDev 1.7%) |
| Hourly BBV | 1.9 () |
| Intraday Trend | 2.3% |
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