| XLK latest price $133.9900 (-0.21%) ($130.7700 - $134.3300) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.07% (three month average) |
| RSI | 73 |
| Latest Price | $133.9900(-0.21%) |
| 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 3% 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)
QQQ(96%) IWF(95%) VUG(95%) IVW(91%) SPY(87%) |
| Factors Impacting XLK price | XLK will decline at least -1.035% 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 | -1.035% (StdDev 2.07%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.5% |
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