| XLK latest price $143.5400 (2.5%) ($140.1900 - $144.0800) on Tue. Feb. 7, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.96% (three month average) |
| RSI | 75 |
| Latest Price | $143.5400(2.5%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1.1% a day on average for past five trading days. |
| Weekly Trend | XLK advances 3.8% 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(86%) |
| Factors Impacting XLK price | XLK will decline at least -0.98% 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 | -0.98% (StdDev 1.96%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 2.3% |
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