| XLK latest price $144.8300 (-0.77%) ($144.4800 - $146.6800) on Mon. Mar. 27, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.43% (three month average) |
| RSI | 64 |
| Latest Price | $144.8300(-0.77%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.5% a week on average for past two weeks. |
| Market Behavior | Value stock 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 -0.715% in a week (0% probabilities).
VXX(-57%) VIXM(-52%) UUP(-16%) TBT(-11%) SHY(-7%) |
| 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 | -0.715% (StdDev 1.43%) |
| Hourly BBV | 0.4 () |
| Intraday Trend | -0.9% |
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