| XLK latest price $93.7900 (4.29%) ($90.6000 - $93.8200) on Wed. Mar. 4, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.76% (three month average) |
| RSI | 37 |
| Latest Price | $93.7900(4.29%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLK declines -5.7% 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(98%) VT(91%) IVW(90%) IWF(89%) QQQ(87%) |
| Factors Impacting XLK price | XLK will decline at least -0.88% in a week (0% probabilities).
VIXM(-66%) VXX(-31%) UUP(-16%) 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 | -0.88% (StdDev 1.76%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 2.1% |
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