| XLK latest price $139.6600 (2.31%) ($137.7000 - $140.1500) on Tue. Mar. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.56% (three month average) |
| RSI | 58 |
| Latest Price | $139.6600(2.31%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLK advances 0.4% 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 -0.78% in a week (0% probabilities).
VIXM(-51%) VXX(-18%) UUP(-16%) SHY(-12%) GLD(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.78% (StdDev 1.56%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1% |
| | |
| |
|