| XLK latest price $92.3400 (-1.12%) ($92.0200 - $92.9800) on Fri. Jan. 3, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.8% (three month average) |
| RSI | 77 |
| Latest Price | $92.3400(-1.12%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLK advances 1.3% 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(98%) IVW(90%) VT(90%) IWF(89%) QQQ(87%) |
| Factors Impacting XLK price | XLK will decline at least -0.4% in a week (0% probabilities).
VIXM(-67%) VXX(-32%) UUP(-15%) TLT(-13%) IGOV(4%) |
| 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 | -0.4% (StdDev 0.8%) |
| Hourly BBV | 0.4 () |
| Intraday Trend | 0.3% |
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