| XLK latest price $121.6900 (-0.56%) ($121.1720 - $122.3500) on Tue. Nov. 17, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.85% (three month average) |
| RSI | 71 |
| Latest Price | $121.6900(-0.56%) |
| 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 3.9% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(88%) XLY(84%) IVW(83%) XLC(82%) |
| Factors Impacting XLK price | XLK will decline at least -0.925% in a week (0% probabilities).
VIXM(-63%) UUP(-34%) VXX(-24%) EDOC(-10%) TBT(-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 | -0.925% (StdDev 1.85%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | -0.1% |
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