| XLK latest price $157.5500 (2.05%) ($154.5800 - $157.7800) on Thu. May. 18, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.19% (three month average) |
| RSI | 66 |
| Latest Price | $157.5500(2.05%) |
| 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 1.4% 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(91%) SMH(88%) |
| Factors Impacting XLK price | XLK will decline at least -0.595% in a week (0% probabilities).
VXX(-57%) VIXM(-53%) UUP(-20%) TBT(-19%) USO(-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 | -0.595% (StdDev 1.19%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.9% |
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