| XLK latest price $135.9600 (5.02%) ($129.2700 - $135.9800) on Wed. Nov. 30, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.25% (three month average) |
| RSI | 75 |
| Latest Price | $135.9600(5.02%) |
| 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% 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(96%) VT(83%) XLC(77%) XLY(77%) VFMO(65%) |
| Factors Impacting XLK price | XLK will decline at least -1.125% in a week (0% probabilities).
VIXM(-52%) UUP(-25%) VXX(-17%) TBT(-11%) JETS(7%) |
| 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 | -1.125% (StdDev 2.25%) |
| Hourly BBV | 2.9 () |
| Intraday Trend | 5.1% |
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