| XLK latest price $150.9200 (0.06%) ($150.4700 - $151.6480) on Mon. May. 1, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.27% (three month average) |
| RSI | 59 |
| Latest Price | $150.9200(0.06%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.5% a day on average for past five trading days. |
| Market Behavior | Normal for large cap. Normal 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 -0.635% in a week (0% probabilities).
VXX(-61%) VIXM(-55%) UUP(-19%) TBT(-13%) 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 | -0.635% (StdDev 1.27%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.1% |
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