| XLK latest price $102.4000 (0.47%) ($101.3200 - $102.9000) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.94% (three month average) |
| RSI | 78 |
| Latest Price | $102.4000(0.47%) |
| 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 | Value stocks 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%) VT(88%) IVW(85%) IWF(83%) XLY(83%) |
| Factors Impacting XLK price | XLK will decline at least -1.97% 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 | -1.97% (StdDev 3.94%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 1% |
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