| XLK latest price $134.3300 (2.28%) ($131.5700 - $135.1000) on Mon. Jan. 23, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.09% (three month average) |
| RSI | 70 |
| Latest Price | $134.3300(2.28%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.6% 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 -1.045% in a week (0% probabilities).
VIXM(-53%) VXX(-18%) UUP(-17%) TBT(-8%) SHY(-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 | -1.045% (StdDev 2.09%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.9% |
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