| XLK latest price $173.8600 (1.59%) ($172.7100 - $174.3000) on Fri. Jun. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 68 |
Latest Price | $173.8600(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLK advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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%) SMH(88%) |
Factors Impacting XLK price | XLK will decline at least -0.605% in a week (0% probabilities). VXX(-61%) VIXM(-56%) UUP(-21%) TBT(-20%) USO(-6%) |
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 | -0.605% (StdDev 1.21%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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