| XLK latest price $179.8100 (-0.25%) ($179.1200 - $181.4600) on Wed. Jul. 19, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.19% (three month average) |
| RSI | 78 |
| Latest Price | $179.8100(-0.25%) |
| 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 1.8% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
QQQ(96%) IWF(95%) VUG(94%) IVW(93%) SMH(89%) |
| Factors Impacting XLK price | XLK will decline at least -0.595% in a week (0% probabilities).
VXX(-64%) VIXM(-58%) UUP(-22%) TBT(-22%) USO(-2%) |
| 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 () |
| Intraday Trend | -0.6% |
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