| XLK latest price $131.3400 (2.71%) ($128.0600 - $131.4350) on Fri. Jan. 20, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.1% (three month average) |
| RSI | 72 |
| Latest Price | $131.3400(2.71%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.9% 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)
QQQ(96%) IWF(95%) VUG(95%) IVW(91%) SPY(87%) |
| Factors Impacting XLK price | XLK will decline at least -1.05% in a week (0% probabilities).
VIXM(-53%) VXX(-18%) UUP(-17%) TBT(-9%) SHY(-6%) |
| 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 | -1.05% (StdDev 2.1%) |
| Hourly BBV | 1 () |
| Intraday Trend | 2.2% |
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