| XLK latest price $164.7800 (2.84%) ($160.6200 - $165.0700) on Fri. May. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 77 |
Latest Price | $164.7800(2.84%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.9% 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 | 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 -0.62% in a week (0% probabilities). VXX(-57%) VIXM(-53%) UUP(-19%) 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 | -0.62% (StdDev 1.24%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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