| XLK latest price $171.6600 (-0.88%) ($170.7400 - $172.9000) on Tue. Jun. 20, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.2% (three month average) |
| RSI | 65 |
| Latest Price | $171.6600(-0.88%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.1% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
IWF(95%) QQQ(95%) VUG(94%) IVW(92%) SPY(88%) |
| Factors Impacting XLK price | XLK will decline at least -0.6% in a week (0% probabilities).
VXX(-58%) VIXM(-54%) UUP(-23%) TBT(-21%) USO(-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 | -0.6% (StdDev 1.2%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.1% |
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