| XLK latest price $179.5200 (2.61%) ($175.8100 - $179.6350) on Fri. Nov. 10, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.15% (three month average) |
| RSI | 76 |
| Latest Price | $179.5200(2.61%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.9% a day on average for past five trading days. |
| Weekly Trend | XLK advances 4% 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(98%) IWF(95%) VUG(94%) SPY(88%) IVE(75%) |
| Factors Impacting XLK price | XLK will decline at least -0.575% in a week (0% probabilities).
VXX(-47%) VIXM(-39%) GLD(-28%) TBT(-23%) UUP(-18%) |
| 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 | -0.575% (StdDev 1.15%) |
| Hourly BBV | 2 () |
| Intraday Trend | 2% |
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