| XLK latest price $140.1400 (2.15%) ($137.9400 - $140.1450) on Fri. Mar. 3, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.57% (three month average) |
| RSI | 49 |
| Latest Price | $140.1400(2.15%) |
| 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 declines -1.8% 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(95%) IWF(94%) VUG(94%) IVW(90%) SPY(85%) |
| Factors Impacting XLK price | XLK will decline at least -0.785% in a week (0% probabilities).
VIXM(-52%) VXX(-18%) UUP(-16%) EDOC(-10%) SHY(-9%) |
| 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 | -0.785% (StdDev 1.57%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 1.5% |
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