| XLK latest price $175.7700 (0.57%) ($174.5800 - $176.0600) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.12% (three month average) |
| RSI | 65 |
| Latest Price | $175.7700(0.57%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.8% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
SPY(96%) IWF(94%) VUG(94%) IVE(76%) VT(74%) |
| Factors Impacting XLK price | XLK will decline at least -0.56% in a week (0% probabilities).
VXX(-44%) VIXM(-37%) GLD(-30%) TBT(-21%) UUP(-17%) |
| 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 | -0.56% (StdDev 1.12%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0.2% |
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