| XLK latest price $121.4700 (-0.45%) ($119.6800 - $121.7100) on Thu. Oct. 15, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.74% (three month average) |
| RSI | 68 |
| Latest Price | $121.4700(-0.45%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.5% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.6% a week on average for past two weeks. |
| Market Behavior | Normal 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(89%) IVW(84%) XLY(84%) XLC(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 | -0.5 () |
| Intraday Trend | 1.2% |
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