| XLK latest price $78.5900 (-4.52%) ($78.2500 - $81.2600) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4% (three month average) |
| RSI | 49 |
| Latest Price | $78.5900(-4.52%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1.9% a day on average for past five trading days. |
| Weekly Trend | XLK declines -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%) IVW(88%) VT(88%) IWF(86%) QQQ(85%) |
| Factors Impacting XLK price | XLK will decline at least -2% in a week (0% probabilities).
VIXM(-62%) UUP(-33%) VXX(-27%) TLT(-1%) TBT(1%) |
| 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 | -2% (StdDev 4%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | -1.5% |
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