| XLK latest price $122.0200 (-0.53%) ($121.1090 - $123.6200) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.74% (three month average) |
| RSI | 73 |
| Latest Price | $122.0200(-0.53%) |
| 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 2.9% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(89%) IVW(84%) XLY(84%) IWF(82%) |
| Factors Impacting XLK price | XLK will decline at least -0.87% in a week (0% probabilities).
VIXM(-64%) UUP(-34%) VXX(-25%) TBT(-7%) IGOV(-7%) |
| 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 | -0.87% (StdDev 1.74%) |
| Hourly BBV | -0.9 () |
| Intraday Trend | -0.8% |
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