| XLK latest price $143.6600 (2.81%) ($138.7900 - $143.8600) on Thu. Mar. 16, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.5% (three month average) |
| RSI | 66 |
| Latest Price | $143.6600(2.81%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XLK advances 0.9% 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 -0.75% in a week (0% probabilities).
VIXM(-50%) VXX(-18%) UUP(-16%) SHY(-11%) GLD(-6%) |
| 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 | -0.75% (StdDev 1.5%) |
| Hourly BBV | 0 () |
| Intraday Trend | 3.2% |
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