| XLK latest price $96.1400 (-1.39%) ($96.0850 - $97.6900) on Thu. May. 21, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.36% (three month average) |
| RSI | 72 |
| Latest Price | $96.1400(-1.39%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.4% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(88%) IVW(85%) IWF(84%) QQQ(83%) |
| Factors Impacting XLK price | XLK will decline at least -2.18% in a week (0% probabilities).
VIXM(-63%) UUP(-34%) VXX(-26%) TBT(-4%) XLC(2%) |
| 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 | -2.18% (StdDev 4.36%) |
| Hourly BBV | -1.3 () |
| Intraday Trend | -1.3% |
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