| XLK latest price $98.8100 (-0.82%) ($98.2600 - $99.9300) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.09% (three month average) |
| RSI | 76 |
| Latest Price | $98.8100(-0.82%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLK advances 1.9% 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(83%) XLY(83%) |
| Factors Impacting XLK price | XLK will decline at least -2.045% in a week (0% probabilities).
VIXM(-63%) UUP(-34%) VXX(-26%) TBT(-5%) XLC(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 | -2.045% (StdDev 4.09%) |
| Hourly BBV | -0.4 () |
| Intraday Trend | -0.4% |
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