| XLK latest price $142.9600 (2.73%) ($140.8900 - $143.7600) on Thu. Feb. 2, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.98% (three month average) |
| RSI | 74 |
| Latest Price | $142.9600(2.73%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1% a day on average for past five trading days. |
| Weekly Trend | XLK advances 3.1% 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)
IWF(95%) QQQ(95%) VUG(95%) IVW(91%) SPY(86%) |
| Factors Impacting XLK price | XLK will decline at least -0.99% in a week (0% probabilities).
VIXM(-52%) VXX(-18%) UUP(-18%) TBT(-11%) SHY(-5%) |
| 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 | -0.99% (StdDev 1.98%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1% |
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