| XLK latest price $149.2100 (2.12%) ($146.4400 - $149.3150) on Thu. Apr. 27, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.32% (three month average) |
| RSI | 50 |
| Latest Price | $149.2100(2.12%) |
| 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 declines -0.6% 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(91%) SPY(86%) |
| Factors Impacting XLK price | XLK will decline at least -0.66% in a week (0% probabilities).
VXX(-61%) VIXM(-55%) UUP(-19%) TBT(-13%) SHY(-8%) |
| 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 | -0.66% (StdDev 1.32%) |
| Hourly BBV | 2.2 () |
| Intraday Trend | 1.6% |
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