| XLK latest price $173.9800 (1.13%) ($172.8000 - $174.7950) on Wed. Jul. 12, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.19% (three month average) |
| RSI | 64 |
| Latest Price | $173.9800(1.13%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLK advances 0.8% 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(92%) SMH(87%) |
| Factors Impacting XLK price | XLK will decline at least -0.595% in a week (0% probabilities).
VXX(-63%) VIXM(-57%) TBT(-22%) UUP(-21%) USO(-3%) |
| 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 | 1.5 () |
| Intraday Trend | 0.1% |
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